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To: Yeadon who wrote (3797)3/11/1998 2:34:00 PM
From: majander  Respond to of 4429
 
It is an insane market right now. Companys that have no earnings or losses are flying high in hopes that earnings will only get better i.e. yahoo, excite, cybercash, usweb, onsale. Where is the beef. Companies with record earnings flying low i.e. global marine, haliburton, trico marine, ensco. Perception is everything earnings mean nothing(to some extent they do), and the future is what counts. They can miss and come out smelling like a rose in my opinion. Let the leadership take us to where we want to go. Sometimes the market has no idea what value is all about and thats why it gets so insane sometimes. Call me cynical but its reality.

Happy day