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 : Wind River going up, up, up!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Snowshoe who wrote (9430)4/4/2001 3:41:42 PM
From: Prognosticator  Read Replies (2) of 10309
 
Take that chart, and go find a pencil. The usual kind of pencil, about 6 inches long, and the normal 3/8 diameter or there abouts. Doesn't have to be sharp. Lay the pencil over the line on the chart, and cover up as much of the line as you can.

The pencil intersects the valuation axis at a low of 1200, and a high of 3000. Fair value for the Nasdaq is in that range, assuming that global macro economics in the next 30 years are the same or better than the last 30.

Now, see the bubble, yes, that little blip at the end. In the large scheme of things, a huge non-event, even though it doesn't feel like that right now.

Ok. Final test: which number is 1600 closest to, 1200 or 3000? What is the likelihood of it being above 1600 in the next 5 years (hint: 1-400/1400). But don't take my word for it. Go get your own pencil.

P.
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