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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: accountclosed who wrote (11589)	11/20/1998 9:35:00 AM
From: MythMan	Read Replies (5) \| Respond to of 86076

they are piling on today.. biz.yahoo.com

To: accountclosed who wrote (11589)	11/20/1998 9:38:00 AM
From: kahunabear	Respond to of 86076

The thing that makes this mania interesting to me is how new recruits have been lured into the market. I feel pretty sure many are totally clueless about understanding financial statements or the fundamentals of a company. How many people that bought TGLO or EWBX new the size of the offering and the shares outstanding after the offering ? How many folks that own AMZN or YHOO know the size of its market cap relative to other stocks ? How many people who own MSFT know its book value or how many employee stock options they grant ? The fed, the internet, 401Ks, and the financial networks (which I feel are big stock commercials) all feed the mania. Most folks that have a clue about fundamentals are lost. I feel that ignorance has been bliss for a long time. WS