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Non-Tech : e-Commerce Stocks - The Undiscovered GOLD

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To: Return to Sender who wrote (65)7/18/2000 10:28:11 PM
From: HerbVic  Read Replies (1) of 105
 
I can buy the overbought theory. But, the whisper number theory is just a red herring. Market analysts sometimes think they have to explain the herd's mentality in terms of cause and effect, in which MMs are the cause and market moves are the effect.

The important point to note is the stated quarter in which the company expects to start turning a profit from cash flow. 3rd Q 2001 is a bit far off for the current premium. The stock will be back at these levels long before then, but for the moment... the stock will fall back.

HerbVic
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