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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (45441)2/2/1999 5:18:00 PM
From: Don Lloyd  Read Replies (2) | Respond to of 132070
 
(...Anything overdone becomes a negative, as in breathing, drinking or eating, even though these three things are necessary to sustain life, at least for you mere mortals! )

Absolutely! This is another demonstration of the economic law of decreasing marginal utility and the theory of subjective value.
The first cup of water you have is more valuable than diamonds, but additional cups are increasingly less (subjectively) valuable until the last one drowns you. -g-

Similarly, you can buy an initial 100 shares of INTC from its CEO at some given price, probably considerably lower than here, and both of you can be more than satisfied at that price due to different levels of individual marginal utility with different quantities owned.

Regards, Don



To: Yogizuna who wrote (45441)2/2/1999 5:59:00 PM
From: Mama Bear  Read Replies (2) | Respond to of 132070
 
"I am of the opinion that the lemming-like mad rush into any and all stocks with a "dot.com"...."

There is a new thread devoted to attempting to value the 'nutz. Some of the balance sheet quants on this thread may want to take a look:

Subject 25419

It's a fairly intelligent discussion so far.

Barb