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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tiley who wrote (28615)2/21/1998 5:21:00 PM
From: Jefferson Prescott Dewhurst  Respond to of 1572697
 
Mannish,
<<Sorry to jump into this debate but I do take exception to your point about a company being worth what the market is pricing the stock at. The market prices a stock based on the information available at a particular point in time.>>
My point more specifically is that for a stock with no current earnings that the market price gravitates to the value of the underlying hard assets. Basically I think we agree.
Regards,
Dewy.