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Re: [sharechat] NASDAQ >>>>>>>>>>.. COMPETITION

From:	"Brian Brakenridge" <brianbrak@xtra.co.nz>
Date:	Wed, 4 Apr 2001 22:37:13 +1200

Gerry

You said in your post "At those levels you should see a truer picture as more often the true status will be revealed: the worthwhile companies will give truer evidence as to why they should not be underrated."

A Buffett quote springs to mind, "you can always tell who's swimming naked when the tide goes out."

Incidentally I believe the NASDAQ will hit 10,000 in 5 years so I don't think it means diddly squat what happens in the next 1-6-12 months so long as you invest in a good business as opposed to speculate in an irrational market.

Cheers, Brak

Be Focused - Stay The Course

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