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Technology Stocks : RAMBUS (Nasdaq: RMBS) - THE EAGLE
RMBS 88.13+1.0%Nov 21 9:30 AM EST

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To: Don Green who wrote (218)12/7/1999 5:12:00 PM
From: RetiredNow  Read Replies (1) of 2039
 
No doubt, Don. I am getting more worried every day. This market is completely out of control. What worries me is that fundamental valuation models are being thrown out the window. Now your everyday daytrader with zero finance training claims to know how to value companies more than an MBA with a finance degree. So instead of rational valuations, we have companies with $10 million in revenues worth $7 billion. Ridiculous. I hope it doesn't end in the next 10 years, but when it does, I fear it will be brutal and cause a lot of bankruptcies.
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