X-Message-Number: 19379 From: Date: Sun, 30 Jun 2002 10:21:40 EDT Subject: note on investment and the accountancy collapse --part1_13c.10a04e42.2a506df4_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit John de Rivaz said: >What does need to be avoided is the pressures that inevitably >mount to "sell because the end of the world is nigh" or to give in to other >pressures to raise money. I have seen that Worldcom shares had fallen from $ 50 to 10 cents... Do you think it is time to buy it? After all, even if it get back to 20 percent of its original value by 2005, it would be a 1250 percent/year investment... In France we have the "interesting" France telecom at less than 10 euros/share, a value divided by 20 in less than 2 years. Then there is the number two of the com. industry: Vivendi-Universal managed by the french financial genius Jean-Marie Messier (J2M) down from Olympic high to hell-down. Be poor, I have not lost too much on the stock market, Many find now that real estate is best and here prices are up. I have a better place in this domain, so that my capital has grown in the past two years. Even with a long run view, I think the speculative stock market is a bad place to put money. I don't understand why that evanescent market must be better than real estate. Yvan Bozzonetti. --part1_13c.10a04e42.2a506df4_boundary Content-Type: text/html; charset="US-ASCII" [ AUTOMATICALLY SKIPPING HTML ENCODING! ] Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=19379