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 : Amazon.com, Inc. (AMZN)
AMZN 239.12+0.4%Jan 16 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: fedhead who wrote (139249)2/13/2002 2:30:13 PM
From: GST  Read Replies (1) of 164684
 
ROTFLMAO -- there are two possibilities: 1) for the remarkable array of stocks that fell between 90% and 99%, the people making profit projections were complete and absolute idiots (I don't deny this is possible), or; 2) The stocks traded as high as they did because they had small floats and could be squeezed to the stratosphere so long as nobody really bothered with the mundane business of calculating anything like realistic future financial prospects (this is the more likely explanation of the two, but it is not in serious conflict with the complete idiot pricing model mentioned in #1). One way or the other, tech stock valuations became completely and unsustainably disconnected from all reality -- that is the definition of a bubble.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News