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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (13765)	11/8/1997 2:54:00 PM
From: IQBAL LATIF	Respond to of 50167

Mohan may be what sounds ridiculous to you may not sound too ridiculous to others? I think people who invest money may have done a shade better otherwise they would not have survived these tumultous time how about quadrupling one's worth within 37 months? Not bad- I thinkLong live the techs!

To: Cynic 2005 who wrote (13765)	11/8/1997 3:11:00 PM
From: IQBAL LATIF	Respond to of 50167

Mohan- On being ridiculous- The natural by-product of a market is a long and not a short- short in itself as the name suggest is anti-thesis of long and hence reactive and not pre-emptive, to be long is normal reaction to be compulsively short in my opinion is a permanent state of mind where every thing looks slanted and crooked- IBM forward earnings are rejected as cosmetic fiscal exercise and other self owned darlings can be justified at any multiple- if you can justify a P/E for one company there is no reason not to accept contrary opinion which tries to justify P/E of a tech thru his own logic. To label counter opinion as' ridiculous' may be slightly too harsh a judgement. For me Techs has been my bread and butter and hopefully will remain so as time passes. I am a firm believer of 'global' interactivity spearheaded by techs.