OJ, no need to respond but it is about time you just recognize that you are nothing more than a speculator, clueless as to valuation of a business. Yep just clueless and perfect for an Ameridtrade advertising shot.
That said is nothing wrong with that and the proof is you can make lots of $$$ just by being stupid and buy what is going up - e.g. momentum play.
Now my point to you is stop pretending you understand business and value and go back to your roots - speculation.
Speculation has it's positive side for the real economy as more and more companies in the businesses prone to speculative stock fever are formed and as a result keep prices of the respective products or services down.
In the long run it is bad for those companies as their profit margin are under pressure and expansion slows down substantially.
Wen the speculators realize that is always to late but that is life.
As I said before no response from you would be appreciated, as I will not respond to you.
Thank you
Haim
IDK
BTW MSFT is not so wildly over prices as the other junk ORCL, CSCO, SUNW, JNPR, QCOM, JDSU, EXDS, CIEN, RMBS, TERN, PUMA, MEDX etc. |
