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Technology Stocks : Lucent Technologies (LU)
LU 2.415+1.9%3:59 PM EST
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To: Chuzzlewit who wrote (12057)1/7/2000 10:35:00 AM
From: TigerPaw  Read Replies (1) of 21876
 
the greatest fool of all pays no attention to valuation whatsoever
If I might butt in a moment, it can also be a matter of relative valuation. As the internet - digital age takes hold I think there is a good chance that many traditional companies will shrink. I would rather pay too much for something I want, than to buy something I don't want because it is a bargain. In the end I feel I will own a part of something that will still be in business when I retire.
TP
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