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To: Joan Osland Graffius who wrote (140714)3/17/2002 9:10:17 PM
From: Glenn D. Rudolph  Respond to of 164685
 
"Congradulations to you and your son."

Joan,

Thank you.

"IMO, most people that have capital in equities have no idea how overvalued stocks are today.

I agree completely.



To: Joan Osland Graffius who wrote (140714)3/17/2002 9:38:31 PM
From: H James Morris  Read Replies (1) | Respond to of 164685
 
>>IMO, most people that have capital in equities have no idea how overvalued stocks are today.<<
Joan, serious question, who does know? Do you think you know what a stock is worth? I don't. I do know this, I'll only find out what my stocks are worth until I decide or have to sell them.
The same applies when I short a stock. I'll never know if my short choice at the time was overvalued until I buy to cover.


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