Just what I've been looking for. First Voltaire, then a gold bug, now a discourse on shorting for Everyman. Next, the Carlton Sheets course on stock shorting broadcast coast to coast at 2am on the History Channel, and then I will know without a doubt that the bottom is in.
Be careful. Stock prices may be high in some sectors, growth may slow, but this economy is not dead. Nothing can be further from the truth. If you've got something people want, they can afford it. Anyone know where I can get a Playstation 2? Well maybe thats simplistic, but go over and read whats happening with B2B. Tell me the growth is over for Ariba. Or that SAP should trade at the same rate as DELL. Tell me the difference between CPQ and SEBL? The bigger the ecommerce marketplace grows the more JDSU, GLW and NTAP do as well. Don't fall for the B2C internet is dead, so optical and storage is dead BS. Or that because the boxmakers warn, tech is in for a nuclear winter. The internet is not about AMZN or Yahoo or CMGI. Most of the B2C space was an exercise in psychotic marketing. Yet, when most people think of the internet they think of AMZN, because that model is easy to comprehend by the average person. So, naturally, thats what mediathink gravitates around. But its wrong, AMZN and its copycats are not the internet. Its not the major driver of sales at CSCO, JNPR, and EMC. The internet is really about every employee at Bank of America, Alcoa, Philip Morris, Wal Mart, Union Pacific, UPS and your neigborhood grocery chain, etcetera,et al, ad infinitum, communicating with each other on-line. We ain't no where near "there" yet. |
