USinternetworking , USIX Message Board

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Technology Stocks : USinternetworking , USIX

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To: Rupert who wrote (452)	8/10/2000 1:54:02 PM
From: The Gambler	Read Replies (1) of 605

>> ...it's a reflection of how the market has turned and the absolutely mad speculation in US tech stocks that drove the Nasdaq up to unsustainable highs<< Actually I was referring to the value put on USIX considering that it already lost so much. I wasn't referring to the highs it reached at the beginning of this year. Off course the market has turned "mad" in the other way around, that now every rally is almost synonymous with selling opportunity given the current valuation of many tech stocks. Back to USIX, IMHO, it has lost so much value that it should be undervalued given the future outlook of ASP if the projection is right. Current USIX valuation is at the level of Oct'99 when in actuality USIX is in much better position now.

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