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.
Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Don Edgerton who wrote (147603)11/18/1999 10:27:00 AM
From: jim kelley  Read Replies (1) of 176387
 
You have pointed out the type of valuation distortion that permeates this market. PEG distortions abound with AOL, SUNW, SEBL, CSCO and numerous other companies. GE, DELL and a number of others companies are rationally priced.

Eventually, there will be a sharp correction of these pricing anomalies in the market. Analysts are spurring these parabolic price increases with ever higher price targets for companies that simply do not have the earnings or earnings growth to grow into their stock prices.
Much of the market is now rushing into stocks which are simply momentum plays.

RHAT now has a market cap of 8 billion dollars based on no earnings and little revenue from sales of freeware.
They hope to make money off of service and support contracts.<g>

It is very interesting and very dangerous time in the stock market IMO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext