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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: tekgk who wrote (6808)11/1/1997 3:59:00 PM
From: Cynic 2005  Read Replies (2) | Respond to of 18056
 
tekgk, re that note - unless more and more companies confirm the inventory problems, the public will get in to the denial mode, just as they did so far this year, and get rampant again with excessive speculation. All they have to spin is that "XYZ stock WAS trading at xxx and at 50% off it is bargain." You don't even need to bring fundamentals in to the picture. I agree with the rest of your assertions. A big fall is inevitable but when and from where is wat we need to zero-into!
-Mohan