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Technology Stocks : Compaq

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To: jim kelley who wrote (70685)11/1/1999 9:49:00 AM
From: rudedog  Read Replies (1) of 97611
 
Jim -
I suppose that one can invest without regard to the fundamentals of the company

IBM, the internuts, even AAPL... I see little relation between "fundamentals" and the stock price.

If fundamentals drove price, DELL would be at 100. It is obviously not.

I don't attempt to explain why things work the way they do, I am not equipped to do so. I just do my best to make some money with the limited tools at my disposal. My sense is that over the last few years, perception has played an increasing role in price movement and fundamentals (and long term analysis) a decreasing role.
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