To: Quad Sevens who wrote (14760 ) 4/13/1998 3:42:00 PM From: Mr Logic Read Replies (6) | Respond to of 31646
Wade, what most people think of as the fundamentals - rev, earnings, market etc. are the same. Of course the article is good and I said so. >>Second, in the stock market we're always working with an incomplete picture. Extra information can bolster (me) or undermine (you) that picture. Efficient pricing of an equity always involves an analysis of uncertainty.<< I know this Wade. My belief, obviously disagreed with by most here is that the efficient market is not working, as is often the case. Neither of us will know that until we see how it all pans out. We get a big clue next month. >>Or perhaps you can explain how "One of the most imaginative and useful approaches" (Fortune Magazine on Plant Y2kOne software) can "be reinvented by any half-decent consultant in a day or two according to standard project management/problem solving principles"<< Fortune's statement and mine are not mutually exclusive. TAVA offers a packaged short cut approach that will be attractive to a lot of sites. But the TAVA approach is not the only one. >>PS: Hint - It looks silly to come here now telling us you covered 60% of your short position last week. BS. Why'd ya do it? Fundamentals hadn't changed.<< Similar reason I covered the rest of my short today. Last week I didn't like the way the stock price came back and held firm. Today, I began to feel I shorted too early, so I'm out, for a relatively meagre profit. I just edited out my response to your accusation that I am lying, it would have been offensive to sensitive readers. The thread can return to normal now, with no dissenting voices. Adieu. Patrick.