Hi Bob - I am not trying to diss ML, or anyone, for that matter, but, face it, trashing tech stk is a save practice in the past 1/2 a yr. Only gamblers like myself <g> would step up the plate. Whether tech still has sky hi valuation or this is a serious case of self-fulfilling prophecy, it is academic. I think it is more important to get the detail insight from these people, and not the conclusion regardless of rationale. I mean, even you and I can say something like what Ms Genereux said. As a matter of opinion, it is what this thread has been saying <g>, so, what else can we learn from the pundits?
Personally, I don't believe Mr Blodget when he said AMZN was *worth* $400 [presplit?] but I also don't believe AMZN [no position] is worthless. More important, he have not given me compelling reasons to believe why it worths so much [or so little.]
But of course, I hold them with higher standard, why these people make 10x or even 100x more than most of us, you would think they were better trained :)
best, Bosco |
