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To: zurdo who wrote (11258)3/12/1999 12:47:00 AM
From: Patric  Read Replies (1) | Respond to of 27722
 
Personally, I don't think Rajiv's numbers are too far off. However, let's face it, the numbers, interesting as they are, don't really tell the story. A stock's price at any point in time is based more on the expectations, emotions, hunches, and gambling urges of whatever universe of traders and investors is paying attention to that stock than on some multiple of earnings or calculation of asset value. The greater fool theory is constantly at work, and we all are hoping that there will always be a greater fool than we to buy our shares when we are ready to sell. Were this not so stock prices would only move significantly once a quarter, when the financials come out.
JMO
#B~}>



To: zurdo who wrote (11258)3/12/1999 9:10:00 AM
From: Annette  Respond to of 27722
 
Baaaa Baaaaa Baaaa....
Sorry but I can't think for myself.
Does the toilet paper go over the top, or under???Baaaaa Baaaa Baaaa......