<And, as a participant, indeed, an abettor of the mania, you are no exception, either. Your "Regimodel 2000" stock valuation methodology, which says, in essence, that earnings don't matter, revenues are unimportant, etc., is a classic example of the rationalization of excess.>
You, sir, are absolutely wrong, and I am more than willing to point out exactly where and how you are wrong. Since this thread has moved to a rather technical bent and we have not had a true finance discussion in quite some time, I welcome a financial discussion. Earnings don't matter, and if you truly think they do, feel free to prove your point and invite any pundit or evidentiary fact which you think will bolster your argument. I will then proceed to rebutt it, and most likely demolish your argument from the ground up.
I never said revenues are unimportant, but revenue growth alone does not necessarily portend a valuable company.
<What goes up will come down, and, the higher the stock goes, the harder it will fall.>
This is also far, far from true, and is more akin to an old wive's tale (or techincal analysis:-) than sound fundamental analysis and economic reasoning.
As for the taking over the paradigm part, why is half the world aligning against MSFT if they are in no position to take over the Internet? This part of the argument is not worth having, so let's stick to the financial aspect. |
