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To: Allan Harris who wrote (4533)4/15/1999 6:40:00 PM
From: Sun Tzu  Respond to of 15132
 
There was a saying in Japan in the late 80s as Nikkei was approaching 40,000 "Only the fools are dancing in the street; the bigger fools or on the sidelines watching them". I think over all, given that Nikkei fell from 40,000+ to 12,000+ and everyone in the market foolish or wise lost big, the dancing fools had more fun. Look at it this way, if I had bought YHOO at $2.5 in 1997, I could live with 70% drop to $40.

JMO
ST



To: Allan Harris who wrote (4533)4/15/1999 9:24:00 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 15132
 
Allan: "Counselor, I believe you meant to say, "...nets like E-Trade and Ameritrade. Surely, someone as wise as to forsake the moral bankruptcy of the bar could not also subscribe to the theory that Internet investors and their routine triple digit gains are somehow less then rational investors."

LOL. Your honor, I object. The defendant internet investor, Mr. Harris, a/k/a Big Bucks Harris, mistakenly assumes that my comment regarding the obvious nutty valuations of these companies is somehow meant to be a commentary on Mr. Harris himself. Until Mr. Harris announces a split on his assets and they triple in value overnight as a result of that split, I will reserve comment on Mr. Harris and his personal value <g>.