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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

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To: Innuit who wrote (7735)3/31/2000 5:52:00 PM
From: Mike Buckley   of 9068
 
If one bought only on the basis of evaluation we would all buy MRK, PFE, JNJ GE etc and guess what? Their prices would be sky high.

I do get hung up on valuation, which is the precise reason I'm glad I didn't buy some of those pharmaceuticals -- because their prices got ridiculously sky high. Anyone who believes a company is worth what someone else is willing to pay for it better be prepared for the day that comes when nobody is willing to pay more than half the previous going price.

--Mike Buckley
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