SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: Jumper who wrote (1223)3/10/1998 4:02:00 PM
From: Defrocked  Read Replies (4) | Respond to of 86076
 
The new mantra of today's investors:

Bloomberg Mar 10 1998 EST 13:40
<snip>
"Long-term, tech is the place to be," said Ned Carter,
president and chief investment officer of Lakefront Capital
Investors in Cleveland, which oversees $22 million. "It's
often been said that not being in tech at the end of this
century is like not being in railroads at the end of the last
century."

<snip>
Has anyone, including that manager of a massive $22mm, bothered to consider the relative pricing of RR's then and Techs now??? Using today's pricing, betcha RR's could have gone to Mars and back and still had cash left over.<g>