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Gold/Mining/Energy : Yogen Fruz IT'S ALIVE, IT'S ALIVE -- Ignore unavailable to you. Want to Upgrade?


To: telecomguy who wrote (1211)3/4/1999 10:40:00 AM
From: AGORA  Read Replies (3) | Respond to of 2453
 
Hey, guys. We have had some real good fundamental discussions here (both negative and positive). At the end of the day, we all benefit from such analysis and discussion. Thus, let's not get into name calling.

Ward, if the market is always right, why did YF fall from $14 to $3? If we understand your thinking correctly, purchasers of YF at $14 must have been correct in giving it that value. Given the fact that nothing really changed and that butterfat prices were not issue at $14, how did the market go wrong?

In our opinion, we agree with the theory markets tend to overshoot to the upside and downside. As such, we once again state that $14 was overbought and $3 is oversold. Split the difference and you get $8.50 before the end of '99 (all other things being equal). Only time will tell.

Glad to see the discussions here have gone to a higher level and all should be able to post negative, as well as, positive commentary.

Regards,
AGORA
agoracorp.com



To: telecomguy who wrote (1211)3/4/1999 10:54:00 AM
From: Ward Nicholson  Read Replies (1) | Respond to of 2453
 
End of play.

you wouldn't want to be shorting a stock with strong
potential -- that would be suicidal wouldn't it.


Well, liquidity is the real issue, but I don't expect you to
appreciate that. You insist on drudging solely fundamental
concepts up as if nothing else mattered. You have a woefully
inadequate understanding of the mechanics of the market.

Is there something that they are doing that is so wrong?

...as if the behaviour of the market itself didn't matter. Take
your head out of the sand long enough to see that nobody on
Bay Street cares about YF.A anymore. The play is over.

Enough is enough. No time for this.

WN