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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.93+1.2%12:59 PM EST
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To: Ed Forrest who wrote (52727)5/9/2001 3:44:08 PM
From: GVTucker  Read Replies (2) of 77400
 
I don't think that is what Charles meant.

"The Internet is dead" argument is a straw man argument that bulls have often used to justify paying absurd prices for stock connected with the Internet.

There are few that think that the Internet is dead, bears or otherwise. I still think that paying $140 billion for a company that loses $2.7 billion on sales of $4.7 billion aggressive at best, and absurd at worst.
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