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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (17765)3/19/1999 5:09:00 AM
From: James Unterburger  Read Replies (1) | Respond to of 18691
 
I made the mistake of buying into this sentiment when I bought
FSTW (then BROC) a year ago instead of buying
<insert_any_name_here).com. Wrong choice. Regardless of whether
or not a stock *should* experience hyper-price-inflation (read,
AMZN), if it does, that was the correct choice to have made, and
all others (read FSTW) were the wrong choice.

>> I am of the old school which believes that stocks should be
>> valued based on their future earnings potential, not
>> supply/demand.



To: Roger A. Babb who wrote (17765)3/19/1999 7:35:00 AM
From: Victor Lazlo  Read Replies (1) | Respond to of 18691
 
<<...but I am of the old school which believes that stocks should be valued based on their future earnings potential, not supply/demand.>>

Roger, I agree, I only wish the markets did too!
Victor



To: Roger A. Babb who wrote (17765)3/21/1999 8:14:00 AM
From: Caroline  Read Replies (1) | Respond to of 18691
 
Victor, maybe there is logic to your argument, but I am of the old school which believes that stocks should be valued based on their future earnings potential, not supply/demand.

Roger, I'm so surprised to see this. You're a realist. Supply and demand rule over all. How would would the "old school" value hogs or wheat?

Regards,

CB