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Strategies & Market Trends : The New Economy and its Winners

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To: Robert Rose who wrote (2272)10/16/2000 10:47:02 PM
From: Derrick P.  Read Replies (1) of 57684
 
Wall Street is in show-me mode, and yhoo just failed to deliver convincingly. Oh, is that what it is. Something else comes to my mind, when I'm getting hammered on stocks like this:
biz.yahoo.com
down 10% before this press release. What more could you possibly ask for. Oh yeah, they have earnings, doooh. But then after floating up all these internet balloon stocks what would you expect from these analyst goo roos. The best thing you can hope for them is that they were doing it on purpose just to rip off the public, because if they really are that stupid....
Think,, if Intc and Amd are in a chip price war, then buy the arms merchant's stocks. Look at todays Nvls's earnings report. But then these are the same guys who were buying Amzn at 5000 x 2005's 'maybe' earnings. These stocks will be trading at 2 x earnings before they figure it out.

Well, I 'feel' better anyway.

Derrick
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