Re: Fine work by our new Nobelist
From: Ron Peterson (ron_at_shell.core.com)
Date: 10/13/04
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Date: Wed, 13 Oct 2004 20:45:23 -0000
Igor <jjweatherby@houston.rr.com> wrote:
> In short a big fall in prices does not mean stocks were overvalued.
It's a hint. If I build an apartment building and can't get any renters,
that apartment building has minimal value. The corporations eventually
had the same problem with demand drying up because the US economy was
sick.
-- Ron
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