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To: gda who wrote (1266)3/9/1998 3:36:00 PM
From: slob  Read Replies (2) | Respond to of 4710
 
gda: There is an old Wall St adage that goes something like:

A valuing at stock is like trying to pick the winner in a beauty contest. It really does not matter what I think, what's important is what do the majority of the judges think. The whole problem gets more involved when you consider that most of the judges are trying to guess what the other judges will pick.

If you need any more convincing than look at ZITL. It reached $80, i think, even though it never had fundamentals or technology to justify more than $10.

Slob