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Strategies & Market Trends : Yahoo and other bubbles...when will they burst? -- Ignore unavailable to you. Want to Upgrade?

To: OrionX who wrote (123)	4/1/1999 2:11:00 PM
From: Kailash	Read Replies (2) \| Respond to of 139

I don't know if people really think an analyst's reco means that the stock is undervalued and is a good investment or simply that it means the stock is getting attention. Analysts are just coordinating the activities of momentum players; it's got nothing to do with valuations. Now, let's have a crash - any time this year, let's move back to investing rather than gambling - say to a P/E of 12 - and watch these people be out of work. In the mean time, fiddle while Rome burns. Kailash