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To: John Carpenter who wrote (33528)	12/25/1998 1:07:00 AM
From: Fredman	Respond to of 95453

AMEN JOHN ! the last 'paragraph' is what i've been saying all year. AMAZON at, what, $325.00 ??? go figure. better yet, don't, because you can't....... yessir, throw out everything the Prof ever taught you, and pray you are lucky enough to catch a wave......

To: John Carpenter who wrote (33528)	12/25/1998 5:40:00 PM
From: VLAD	Read Replies (1) \| Respond to of 95453

John, AMEN to that post! The stock market is no longer a place where DD and fundamental analysis will lead to profit. It is a legalized gambling parlor where the high rollers who have played the high flyers have made millions. Value investors must be patient and willing to take a long term view of things. Those who have gone against the tied of irrational mania (ie shorting internut garbage) have had their heads handed to them). Fundamentals don't mean a thing in today's market in a span of days to weeks, they must be appreciated over months or quarters or even years. Every house of cards collapses after gravity has its way. Nothing can deny the laws of physics. Let's see where most of the internut stock trade 3 years from now and then let's see how on a relative basis the oil patch fares. We can live relatively well without the internet but take away our oil and natural gas and see just how comfortable life becomes. Merry Christmas to all those in the patch, as deep as you may be. VLAD