To: GST who wrote (145536 ) 8/15/2002 8:00:56 AM From: Oeconomicus Read Replies (1) | Respond to A few. 1) That IF it's going to happen, I hope that it will be done without the "gotta get the bastards" mentality you have displayed. 2) That whether it happens or not will NOT determine the course of the market, which is contrary to your apparent view that i) if it happens, valuations of tech will collapse because all the stupid investors will suddenly notice huge losses they hadn't noticed before and ii) if it doesn't, valuations will collapse because no one will trust the companies or the market and will pull their money out. 3) That, for anyone wanting to do a serious valuation of a company, the information is already available to properly factor options into valuation models. 4) That considering, discussing and even floating as propositions to be later accepted or rejected, the arguments from both sides of a debate is a better way to resolve the issue than dismissing the opposing arguments based on the simple-minded notion that they must be wrong because they don't support your position. And on a personal note, 5) That you should open your mind and try to understand the meat and bones of an issue before you start butchering the facts and throwing knives at those who try to point out what you are missing.
