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Microcap & Penny Stocks : EBLD - Entertainment Blvd -- Ignore unavailable to you. Want to Upgrade?


To: Guy. who wrote (2240)5/9/1999 10:10:00 PM
From: Victor Lazlo  Respond to of 3838
 
<< non of these factors is relevant anymore. >>

I think they still are. But I think the market's reactions to these factors are grossly exaggerated both on the positive and the neg side.
And of course, the market does not care at all what I think <g>.

<<Of course, if we will see a minor and ridiculous interest raise, the market will collapse. Why? because people were stupid enough to buy when it was 11,000 points, and they will be stupid enough to sale because of a minor interest raise. >>

Yup, that's right. I was talking with a friend today about investing. We were talking about how we used to be able to analyze a company based on their earnings potential, and debt/equity levels, management's experience, ect. But now, you basically have to figure out what co will be "sexy" to other investors. And the real value factors that used to apply just don't seem to work anymore.

By the way- I do not think ebld is overvalued, no way. Just thought I would tease you with the possibility of a fallacious argument.

Victor