Article View: misc.forsale.computers.d
Article #163Re: "price cops?"
From: George Torralba
Date: Sat, 21 Nov 1992 19:44
Date: Sat, 21 Nov 1992 19:44
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1462 bytes
In article <1992Nov21.132442.6499@gw.wmich.edu> 739chan1@gw.wmich.edu writes:
>
[....]
>don't warn the buyers. Alternatively, if you want to warn the buyers, also
>warn the sellers. The easiest thing to do is, of course, is NOTHING. Just
>let the market sort itself out. That's what most people do anyway :-)
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
>
>Chan Lee Meng
>739chan1@gw.wmich.edu
>Western Michigan Univ.
Boy, isn't that the excuse of the century. What you fail to take into
account about markets though is that free-flow of information (i.e., price)
is an ingredient of an efficient market.
George
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Path: arc1-ca.pugleaf.net!sparky!uunet!zaphod.mps.ohio-state.edu!uwm.edu!ogicse!news.u.washington.edu!sumax!grtorlba From: grtorlba@sumax.seattleu.edu (George Torralba) Newsgroups: misc.forsale.computers.d Subject: Re: "price cops?" Message-ID: <5894@sumax.seattleu.edu> Date: 21 Nov 92 19:44:14 GMT Article-I.D.: sumax.5894 References: <1992Nov2.232704.7048@tamsun.tamu.edu> <BxpMM9.LGo@uxa.ecn.bgu.edu> <1992Nov21.132442.6499@gw.wmich.edu> Organization: Seattle University Lines: 25