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To: Frank Sheridan who wrote (7469)9/21/1998 5:43:00 PM
From: Patrick Grinsell  Read Replies (1) | Respond to of 16960
 
Frank:

P.S. If the marketplace thought that this stock had a future do you think that the
price would have fallen over %65? Maybe it is oversold, maybe not.


If you think the marketplace is always correct then there's no point in worrying about individual stocks. According to that theory the market will always reflect what a company is worth. My guess is you don't believe your own BS or you wouldn't be here in the first place.

Pat



To: Frank Sheridan who wrote (7469)9/21/1998 6:01:00 PM
From: Scott Garee  Read Replies (2) | Respond to of 16960
 
a $3 Yugo would totally wipe out any market for other cars that were aimed at
the consumer marketplace. Remember, most cars are priced a lot closer to a Yugo than they are to a
Porsche.


Car's are an excellent example. If your argument were true, then how do all the other car companies make HUGE profits all selling cars which are more expensive than the cheapest low-end cars? How many Yugos do you pass every day? I pass more Porche's. Quality and features count.