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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (60680)2/17/2002 1:50:17 PM
From: Cary Salsberg  Respond to of 70976
 
RE: "...it is unbelievable how these stocks have rallied."

The market buys futures. If you remove fraud, monopoly, and various exploitations, there are very few long term investment values.

These stocks are, truly, "the only game in town"!

Caution is advised in the face of high valuations, but historical comparisons fail to understand the "crap" that was competing with and eclipsing this companies in value.

While most people don't understand how it works, Moore's law is real. We have seen, recently, that the securities industry, the accounting industry, and the "energy trading" industry are not real, but rackets.