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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Ian@SI who wrote (12856)12/10/1997 12:55:00 PM
From: ratan lal  Respond to of 70976
 
Ian

<< He
believes that the market is always wrong - it either prices stocks too high or too
low but almost never what a stock's intrinsic value actually may be. >>

Thats why prices change every moment. No one believes that a companies value changes from moment to moment. So if everyone believed that a stock's price is = to its intrinsic value. BTW who or what decides intrincsic value. And who gives them the right to do so. Did they go upto the mountain and get a tablet of 10 rules.

ratan