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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (20208)12/9/2004 4:48:06 PM
From: Bob Rudd  Read Replies (1) of 78525
 
Madharry: The issue, it would seem to this very casual observer, is not so much whether CRYP has DCA within the space, but to what extent Poker's new found popularity is a fad that will flameout and fade much like the Atkins Diet...leaving dependent businesses in a lurch..Egg producer and Atkins beneficiary CALM is a poster child for what happens when a fad fades.
Society in general and teenagers in particular seem to have the attention span of a gnat when it comes to popular culture. I suspect the favorable multiples may correctly reflect investor skepticism about the durability of Pokers recent 'Big Bang.'
..Now if someone would invent a game based on the Scott Peterson murder case, that damn thing would never fade, unfortunately.
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