To: MR. PANAMA (I am a PLAYER) who wrote (3706 ) 3/16/1998 1:58:00 PM From: Tunica Albuginea Read Replies (1) | Respond to of 18016
Bateman thanks for the moral support, gg. What does GRIM mean? Also I would like to hear more opinions on NN by posters who had previously owned,or own now, or plan to own NN.What are the thoughts here? We are going into uncharted waters market wise. -WSJ today quotes WBuffett saying "market is fairly valued and is not overvalued", <GG>," as long as interest rates remain low and economy keeps producing because of new efficiencies ". Only a year ago ( last July ), market guru Warren went into bonds cause he thought market was overvalued.I guess we are all entitled to sudden changes of opinion.Maybe even Monica Lewinski will come out with a new story one of these days.... Will that affect the market?GG. -WSJ today quotes money managers rubbing their eyes at the market climb but nonetheless buying " because they don't dare getting caught underinvested in a rising bullmarket "." They have to put those funds at work". ( They are correct: those funds need to be invested immediately ).Meanwhile fund moneys are pouring in from the fire hydrant: 18 bill in Feb.WSJ quotes that " they are buying orphan companies", "companies that have been abandoned by previous momentum players ", GG. [ Did I just hear somebody on this thread whisper NN? ]. -Today somebody even reccommended Informix!!! - Of course as a backdrop to all this we have Abbey Joseph Cohen's " the 90's superbull market guru " blessing " 3-4 weeks ago in Barron's telling that "we are all go for this market to continue". Perhaps the reason the market is upis because the market is all-knowing; it sees things 6-12 months from now, and things do look good. As far as NN is concerned, certainly 6-12 months from now things do look good;( those Telcos " will have to buy,upgrade, gg",); however short term things aren't too bad either: CeBIT in a few days. Is this why NN keeps going higher? <GG>, TA