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Technology Stocks : Phone.com [PHCM]

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To: OverUnder who wrote ()9/24/1999 4:51:00 PM
From: George Gotch  Read Replies (1) of 1080
 
the market has separated from reality again on this stock..What is the market cap? 5billion???
Does anyone knows what this means?? This is what scares the shit out of me in this market. Here are big established companies coming down, going thru the floor and they are running tuna beyond any logically valuations. Like a huge big bubble. Now not neg on PHCM..Sure it is a nice co. But is their any perception of a shorterm valuation limit? Or does a good idea justify a market cap of a trillion..
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