EP3 laced with Hoof and Mouth Disease? I sold AMZN, and all dot com bombs, if they do not have Earnings, they have no E and thus no P/E. Only Pigs get slaughtered, not PEGs. That is why I am into PALM and NTAP despite the short selling forcing them down, since they have Earnings, lowered P/E and very high EPS GROWTH, thus PEGs under 1. They would be worth a PEG of 2 or even 3 imho. These stocks will all rebound, if they have earnings and sound business models and products in a growing market share, and that means back to their 52 week highs, for PALM that's $68 and for NTAP that's $152. For me it is not a question of IF but only WHEN and no matter how I measure it, the WHEN, is still the highest ROI return on my investment I can see with these VALUE stocks. AMZN may make it in 2 years, I take Bezos seriously when he said AMZN is not a good buy for the smaller investor, and I am not a mutual fund. The rest you are right, they have no business model that works for profitability nor or ever, they are "IDEA CHARITIES", and thus will never pan out or survive in these harder times.
I am,
Truly your$,
-Crystal Ball |
