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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (15406)12/19/2002 12:57:16 PM
From: Bruce A. Brotnov  Read Replies (3) | Respond to of 16631
 
If anyone has news on JCOM drop, I would appreciate it. I still suspect the shorts are piling on much like they did in 15 Oct to 15 Nov period and then of course Barrons made a snip to say the "might be over valued". Forward PE is around 11 or less. (11.7 when it was 18).

Bruce



To: Dale Baker who wrote (15406)12/22/2002 7:21:26 AM
From: kendall harmon  Respond to of 16631
 
Alan and his legacy:

washingtonpost.com

"If anyone had the legal, moral and intellectual authority to prick the bubble, it was Alan Greenspan," John Cassidy wrote last year in his book, "Dot.con," reprising earlier critiques published in the New Yorker....

"He seeded it, accommodated it, celebrated it and defended it from those who believed they saw it turn into a bubble," declared Jim Grant, publisher of a bearish investment newsletter easily given to Fed bashing. "It was a terrifically costly lapse of judgment."