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Politics : High Tolerance Plasticity
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To: Tommaso who wrote (4816)5/22/2001 10:26:50 AM
From: Think4Yourself  Read Replies (1) of 23153
 
It is clear that the only lesson people learned from the .coms is to avoid the .coms

I am completely out of ROYL. IMHO it is overvalued here, and when the illiquidity returns it will drop like a rock. Of course I sold too early. Just didn't think people were so foolish. That's a very strong statement because I think like PT Barnum.

As an example of how investors don't think, they are driving up JNPR faster than CSCO on the rumors that CSCO got a big contract. From what I am hearing CSCO undercut JNPR and stole the contract from them. If that's the case then it is bad news for JNPR because CSCO is serious about reversing their market share loss. It also suggests profit margins of both companies are continuing to drop because of competition.
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