Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Islander who wrote (8929)	1/10/1999 4:35:00 PM
From: Diamond Jim	Read Replies (2) of 42834

"Bob's got it wrong on the inflated valuations of the Net stocks" Are you really Tony from Brooklyn? Bob has very little wrong, Jake Plummer over Troy Aikman, yeah I think Bob's wrong on that, but do you realize how ridiculous the PE's on these internet stocks are?? They future can't and won't grow to equal a 1600 price to earnings ratio. Amazon doing 250 million and still losing money, they are like AMD, selling more product doesn't help if you are losing money per unit. I know AMD is now profitable, that was the case for quite some time though. Buying books and CD's over the web isn't high tech, their market cap is ridiculous. Bottom line, Bob is not wrong. jim

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