Stuck outside of Mobile, with the Memphis blues again.

[JayHecht at aol.com]

In a message dated 1/10/99 11:03:52 AM Central Standard Time,
laflame at mindspring.com writes:

<< 

 Don't know much about history, but I think that if we peer into this Amazon

 valuation, we will see disasterous times for folks who don't know a modem

 from a shiatsu massage. >>

Talk about teaching bullshit:  Every single valuation model in your basic
finance text i s totally incapable of explaining this.  I have to teach a
"Secs & Invest" course and I'm going to use Barrie Wigmore's trashing of the
Dividend Discount model in his "Securities Markets in the 1980s:  The New
Regime 1979-1984."  People should check this very interesting book out.
Wigmore is one very, very sharp fellow (a limited partner at Goldman, who
lives in Yoko's building), I recommend his book.

Jason

Off for the sun.  Be back soon

Jason