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Technology Stocks : Ask Jeeves,Inc-(Nasdaq-ASKJ)
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To: Robert Brooks who wrote (159)11/12/1999 6:35:00 PM
From: FruJu   of 838
 
Yes-- but where will it be when it finally trades lower?

Hard to predict, but I would say fair valuation for this company based on their technology and market is probably in the low 30s, i.e. 1/5 of their current price.

I doubt we'll see that level for a while yet though. Probably not until the current IPO and Internet mania gets popped.

However, my prediction is that it will trade below 100 after the lockup period ends.
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