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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: peter michaelson who wrote (6917)4/23/1999 1:12:00 PM
From: Michael Burry  Read Replies (1) | Respond to of 78814
 
OT: wow, i could not disagree more

mike



To: peter michaelson who wrote (6917)4/23/1999 1:42:00 PM
From: Ron Bower  Read Replies (1) | Respond to of 78814
 
Peter, OT

If you are right, then the place to put the money is UPS, FedEx, etc. and the various trucking companies.

Buy something for $5.00, but the S&H is $10.00?

Ron



To: peter michaelson who wrote (6917)4/23/1999 2:32:00 PM
From: Bob Rudd  Read Replies (1) | Respond to of 78814
 
OT: Reverse auctions like e-bay's will become more prevalent for shopping goods...seems kinda like what we've got now in airlines and rental cars. But for many types of goods, shipping and hassle won't justify it. An interesting consideration in all this is the Winner's Curse Effect...described by Richard Thaler as the tendency of a winner at an auction to overpay. Most mergers are poster children for this.


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