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To: sea_biscuit who wrote (113097)2/12/2002 6:10:25 PM
From: Art Bechhoefer  Read Replies (1) | Respond to of 152472
 
Dipy and MM, you guys are too pessimistic. Don't you think there's a place for well managed companies doing far better than average? Don't you think investors are smart enough to invest in something other than the market averages?

Art



To: sea_biscuit who wrote (113097)2/12/2002 6:23:32 PM
From: qveauriche  Read Replies (3) | Respond to of 152472
 
Dipy and MM-I am calling you out. If you think that the market is down or sideways over the next 10-15 years, you are both f***ing demented. If we can put up the productivity numbers we have during this recession, we can grow out of whatever excess remains in the market in the next12-24 months at most. Also consider that the only thing you have to base your belief that the market is overvalued are the consensus estimates of sell side analysts. Did you ever consider that those estimates may be as unduly pessimistic today as they were unduly optimistic in 1999.

This is blatant fearmongering. MM, I know you are above that. I don't know about Dipy.