Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.241

-2.3%

Jan 9 9:30 AM EST

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To: DanZ who wrote (3621)	9/16/1999 3:07:00 PM
From: Mad2	of 10293

Dan; I have no position in HITK or GUMM It's relevant to compare valuations of companies that make or provide similar products, just as it's relevant to compare or elements of a business. In my view the valuation is key as it form the floor of support for a given stock once the hype, hoopala and expectations get set asside. Companies trade in a wide range both above and below what the market would consider a fair valuation. GUMM is far above the valuation or price someone would pay absent the hype and hoopala.....so if the expectations don't turn to reality....well there is very little to support it. You ignore this and continue to present arguements (not factual information, rather theories on what could become if a series of favorable conditions occcur) purporting GUMM will continue to go higher (and presumably stay there). Very risky and as much a long shot.

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