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Pastimes : Thread Morons -- Ignore unavailable to you. Want to Upgrade?

To: Diver who wrote (319)	5/7/1998 5:05:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 12810

I finally have a nomination for you. Alas, I bow my head to the superiors of ferrating out morons and I know that this is not in the same realm as many of the fine posts here...and doesnt even come close to anything my dear Tastes Like Chicken (and oh how I do love chicken) could come up with but then again...I am not one to follow rules. I will scalp a mo-mo trade...but I find it truly moronic beyond belief to call yourself an investor or trader and not care about valuation....and to me..this shows we are at the height of frothiness in this market... and maybe that makes me a moron too...because in the height of frothiness...the people that care about valuation may be the minority. To: +lisa (5904 ) From: +Robert Pope Thursday, May 7 1998 4:16PM ET Reply # of 5922 Why are you so obsessed with valuating SEEK? You must understand by now that valuation means NOTHING when it comes to these stocks. Hence Buffett's remarks 'dont rty to valuate.' Don't buy any then, or short it. Look at AOLs market cap - $18-19 Billion. Can you justify and valuation like that? No. Have people gotten filthy rich on the rise from 1 bil to 19 bil? Yes. Valuations mean squat. Wall Street always knows - and its valuating these companies at these levels. Don't try and understand it, deal with it. I've had phenominal success going long on SEEK. You don't have to... btw, I'd like to know what web browser you were using 5 yrs ago and who your ISP was back then. I'm talking 1993 and I think you're full of it!