Scott Morrison is your classmate in Stat 104 and Math106. Scott can make Excel do things that you didn't know werepossible, and he seems to have the TI BAII functions all memorized. In his spare time, he studies financial modelling and valuation principles for fun. He follows 5 publically traded pharmaceuticals and 5 publically traded consumer goods manufacturers, and no matter what is happening in the markets or with his subject companies, Scott can turn the event into an equation. He is a staunch 'bottom-up' fundamentals analyst, and he has no time to talk about anything other than numbers-based analysis. Jeni Cozan, another very bright finance major, has tried to convince Scott that there's more to a public company analysis than numbers, but Scott is not persuaded in any way. What would you say to Scott? Is he right, or should he be listening to Jeni?