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To: Zeev Hed who wrote (11351)6/26/1998 12:57:00 PM
From: wiz  Respond to of 14577
 
In this market I like the quote.."where ignorance is bliss, tis a folly to be wise" -g-

I had a completely worthless discussion with someone at work concerning coke. He couldn't get past the fact that it's a great company and is a "guaranteed investement". All I wanted to see him see was.. great company or not, look at the price! Is it worth the current market price?
I agree.. there are alot of "illogical" people running around this market with a whole lot of money!!-g-

Mark



To: Zeev Hed who wrote (11351)6/26/1998 1:31:00 PM
From: Michael  Respond to of 14577
 
Buying or selling any internet stock is risky. If you look at Yahoo and say it is really overvalued and short it you are taking the risk that this internet "mania" could get worse. Since there really is no logic behind the price, rather a mania, it is something that I wouldn't want to get involved since I know more about stocks than I do manias. Fundamentals drive normal stocks while manias drive these internet stocks. I also don't like playing the greater fool game buying an overvalued stock hoping that someone else is stupid enough to pay even more.