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

To: Zeev Hed who wrote (8061)	11/15/1997 8:55:00 PM
From: Elllk	Respond to of 18056

Zeev You've hit it. We've gone from things like spinning yarn to spinning information. Lets hope the warp and woof of informationalism will keep us as comfy as the now defunct, old-fashioned afghan. Larry

To: Zeev Hed who wrote (8061)	11/15/1997 11:11:00 PM
From: Bilow	Read Replies (2) \| Respond to of 18056

Hi Zeev; Found an interesting link from geewiz over on the Kahuna thread. It comes from looking at transactions with and without including the block trades. The implication is that the big players are selling to the small players. KAHN: Well, if they're the smart money, they're starting to pull a little bit of money out. quote.com I'm going to go look at my short portfolio, and think about weeding out the ones that do not have large numbers of institutional investors. -- Carl

To: Zeev Hed who wrote (8061)	11/16/1997 8:10:00 AM
From: Jack Clarke	Read Replies (2) \| Respond to of 18056

Zeev: Me in favor of Marxism? Heaven forfend! All I am saying, perhaps should add -g-, is that there may be some finite limits to capitalism. Lord knows this system has provided me and most of the "free world" with an exceptionally good standard of living. But as government gets bigger and more regulated, the free market becomes less free. Also I do believe that competition, a wonderful an beneficial concept, may reach the point of diminishing returns, as when quality begins to suffer, or when more is spent on marketing than in making the actual product better. Health care, for example, is beginning to suffer from great marketing and crummier product delivery. And speaking of regulation, did you know that it is illegal for a millionare Medicare patient to open his checkbook and write a check to a doctor for more than Medicare "allows"? I don't pretend to have the answers, just worrying about how far this "productivity" thing can go, which leads me to wonder about profit growth, stock market level, etc. Jack