Commerce One Inc - (CMRC) Message Board

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Technology Stocks : Commerce One Inc - (CMRC)

CMRC 3.340

-1.6%

3:59 PM EST

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To: Gpeckry who wrote (568)	1/6/2000 8:02:00 PM
From: David W. Taylor	Read Replies (2) of 1938

You are not asking the right question. The question should be "Why did this stock move to nearly $800 (pre-split)? The answer is simple. It should not have done. In a mania though, any price seems like the right price. Look at the fundamentals: no earnings and so no possibility of calculating a P/E ratio. Market Cap of $15.5 Billion. This valuation is plainly absurd but what do I know? David

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