SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Crazy Canuck who wrote (1464)11/5/1999 1:47:00 PM
From: Claude Cormier  Read Replies (2) of 5053
 
<<I beg to differ (in part) with your blanket statements about the bubble being ready to burst, and stock are overvalued. >>

Well IO think that most will agree that the average stock is overvalued based on standard valuation techniques. But I didn't mean to say that the bubble would burst next week. We could still be 12-18 months away... the higher we go the closer we get to the big kakuna.

<<However, I suggest that there are some great small to mid sized cap which could also be classified as nothing short of grossly undervalued.>>

Sure there are... but give me a few names..I am having trouble finding them in this market.

<<And, I am confident that investors will be willing to pay a hefty premium to own them in their portfolios.>>

For now they are... but everything is a question of market confidence. We never know what event will cause the bubble to end and the premiums to erode. What happened to many recent IPO's like Sycamore (SMCR I think) is not mormal and due only to the frenzy and complacency of investors. The business model of many of these companies are just great and they will be successful.... but their stock may not duplicate the performance of recent offerings.

In the mean time... let's buy Jordex!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext