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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 162.40+2.9%3:59 PM EST

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To: Gottfried who wrote (7656)12/30/1999 10:53:00 AM
From: Stitch  Read Replies (5) of 9256
 
GM, Sam;

<<Value investors are fools and I'm one of them.<g> CMGI is a good example with a target of 3 times net asset value. Since CMGI owns shares of mostly overvalued companies, that triples the overvaluation. Compare to BRK, which I own.>>

<<In the realm of amazing facts: C3D closed today at 91 3/4. It has a market value in excess of $1.3 billion, more than twice the valuation of either HDD or Maxtor. Whew! I think I'm going to out, get a shell company, and build a bridge to the moon.>>

All well and good observations guys. However, I am still trying to get over the fact that Fruit-Of-The-Loom BK'd this week. The world will just not be the same. Ach, the new millenium and the new economy! What other terrible surprises do you hold?

<g>
Best,
Stitch
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