Waiting for the big Kahuna Message Board

STOCKTALK

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.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bearshark who wrote (22385)	7/26/1998 10:21:00 PM
From: Investor2	Read Replies (2) of 94695

Take a look at this chart of VRC. bigcharts.com If the link doesn't work, the chart goes back to 1985. This chart is similar to many high tech companies. For 10 years from 1985 to 1995, the stock stayed flat in the $2 to $5 range. Then, in 1996 and 1997, it went from $5 to $35. As you know, it has since dropped back to about $15. How can a stock stay flat for so long and then go up 700% in two years? I think many are looking at the current price of ~$15 and thinking that "it has dropped by over 50%, how much lower can it go?" What is the possibility that these tech stocks will go back to their 1985 to 1995 levels for a period of 10 years? Best wishes, I2

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next