SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 678.85-0.3%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Haim R. Branisteanu who wrote (56699)7/17/2000 6:59:23 PM
From: Shtirlitz  Read Replies (1) of 99985
 
Haim,

We are in the midst of the stock valuation mania.

The psychology here works approximately like this:

1. If this stock has at least some descent business going , then its worth unlimited amount of market cap.

2. If the stock is crap, but happens to be in the sector, where other companies have some descent business going, then its worth at least half of what those others are.

I think Techplayer's response falls right in line here.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext