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To: ViperChick Secret Agent 006.9 who wrote (42584)5/7/1998 4:53:00 PM
From: Gersh Avery  Respond to of 58727
 
Lisa Re: "..but they finally coughed it up"

Good for you!!! Congrats.

Gersh



To: ViperChick Secret Agent 006.9 who wrote (42584)5/7/1998 5:19:00 PM
From: David Weis  Read Replies (1) | Respond to of 58727
 
so, lisa, are you full of it??? and which browser were you using 5 years ago???

inquiring minds want to know.......




To: ViperChick Secret Agent 006.9 who wrote (42584)5/7/1998 6:30:00 PM
From: Tom Trader  Respond to of 58727
 
>>but here is what should frighten you about this market...there are people who truly dont care about valuation <<

Well isn't that a fact!! I feel like a voice in the wilderness talking about valuation.

But the sad truth is that over-valuations can continue for a long time and they can get even more exaggerated. The guy who wrote about SEEK is on to something when he says that if one rides the rocket one can make a lot of money --but, I know, as surely as night follows day, that sooner or later one will have to pay the piper and then the ones who have bailed will be the smiling and the others will be left holding the bag. I have seen this too many times, in different markets, to believe that this time is different. Like I said to OJ, it is the greater fool theory that is in effect.

So I don't try to dissuade anyone from being invested or not investing in any sectors--at least most of the time:) After all, I could be completely wrong!!

I say what I am doing -- right or wrong--and right now, for good or ill, I am earning 5% interest on a good part of my funds in T Bills and money market.

May be I should join the Kahunaites:)



To: ViperChick Secret Agent 006.9 who wrote (42584)5/7/1998 6:30:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
That is the new mindset. That is to say "The old rules don't apply anymore".

This is often echoed by people who have never been burned by the old rules.

The old rules always come back. It's the people who have been successful spiting them that are the last to realize it.