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To: oldirtybastard who wrote (177964)7/8/2002 10:06:32 AM
From: MythMan  Read Replies (1) | Respond to of 436258
 
Here is some clown logic for you -g-

>>10:01AM Buffett ignites telco rally : Berkshire Hathaway's $100 mln investment in Level 3 (LVLT +61%) is fueling a bounce in the badly beaten telecom services complex. Micro-Cap stock Time Warner Telecom (TWTC +10%) is one of the names being picked up as a secondary play to the news, while big-cap players FON (+12.4%), Q (+8.8%), DT (+6.4%) and BLS (+2.9%) also ride wave of buying.<<



To: oldirtybastard who wrote (177964)7/8/2002 10:16:06 AM
From: Tom Smith  Read Replies (1) | Respond to of 436258
 
my stock has a higher P/E than yours, thus the market must believe it's a better stock, so if it is more desirable to own....it therefore is a buy!!!!

P/Es in the hundreds are bullish.



To: oldirtybastard who wrote (177964)7/8/2002 10:24:29 AM
From: patron_anejo_por_favor  Respond to of 436258
 
<<what if everyone else is faking it too? then it's like everyone is telling the truth,>>

That's the Henry Blodgett school of investing, ie, "It's a much better POS than all the other POS's we have a buy on..."<G>