SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: High-Tech East who wrote (42195)3/21/2001 3:16:48 AM
From: Jacques Newey  Read Replies (1) of 64865
 
Ken, great post! You are right on the money. The accounting shenanigans you highlight have not yet been priced into most of these companies. The analysts and individual investors are ignorant for the most part. The focus has been only on stock price (i.e. Company X is down 75% from its high, it must be undervalued) and unrealistic expectations of (managed) earnings growth. For the reasons you give, the tech correction will be a protracted one. Institutions/individuals will continue to buy on the dips. Air will slowly be let out of the tech valuation balloon as the issues you raise come to light. It will be many years before the balloon inflates back to where it was in early 2000.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News