Stock-pickers are a lot pickier nowadays. 'Down with dot-coms!' the market-makers declare - just as fervently as they used to hustle them to a naive and trusting public.
Yet some investors maintain a touching faith that overcomes fundamentals and facts alike.
Stock-pickers are a lot pickier nowadays. 'Down with dot-coms!' the market-makers declare - just as fervently as they used to hustle them to a naive and trusting public. Yet some investors maintain a touching faith that overcomes fundamentals and facts alike.Would you invest in a mature enterprise that had made a consistent loss on external sales of almost 30 percent a month? One that couldn't generate internal capital for reinvestment but depended on the fickleness of the markets both to
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