Tom,
With all due respect, I come to Rob S's defense. He is correct.
<<<<Let me ask you a question. What technology did you use to come to that conclusion? Something on the internet? A MSFT program? Something American? Something dependent on growth and funding? Something that you are able to use because of the very optimism you so flipantly dismiss?>>>
My answer, if i may provide my own answer, is this:
1. The technology he used to come to that conclusion could have included some or all of mathematics, earnings, pe ratios, forward pe's, PEG ratios, fundamental analysis and technical analysis, national economic conditions, world economic conditions, currency valuations, war, price of crude oil, employment, GDP, bank loan debt, margin debt, mortgage loans, and so on.
2. Hmm. perhaps he DID use prepared numbers provided on the internet for these conclusions.
3. It quite possibly could have been a MSFT program, or
4. It quite possibly could have been an American site. (he really could have used a foreign site (gasp), as numbers are easily translated.
5. Something dependent on growth and funding? WHAT? I don't understand this comment.
6. Once again, I don't understand this comment.
Further, you say:
<<<It is absolutely amazing to me that posters write this kind of tripe and yet continue to use the very things they would like to destroy. What about INSP? Would you prefer they went belly-up? How would you possibly be able to spread such negatives if you did?>>>>
I'm once again, not sure what you mean by these statements; however, I am obligated to state that ALL overvaluation bubbles have popped and the strongest companies survive. Some die, some evolve, and some struggle for years before business models are adjusted so that earnings come in line with valuations.
Former historical bubbles:
Tulips
South Sea
American Stock Market 1929
Technology Bubble of the 1960's
Nikkei Stock Market
2000 Nasdaq Stock Market
Some companies deserve to go belly-up. Some don't. Many technology issues needed an adjustment downward of valuations and corporate shake-outs so that the market can be healthy.
Respectfully,
Stickupman |
