Interesting that you shamelessly hyped your stock on eight different boards. You know, you can get tossed for that, be careful.
The naysayers try to argue with past valuation norms or criteria, and you just simply cannot do this.
I'm afraid we can and do. It's about earnings my friend, always has been, always will be. Your argument has been proven wrong, time, and time, and time, and time again historically. Do some homework.
Now I don't deny that there will probably be a great deal of money made on these stocks, but please don't insult anyone's intelligence by calling it investing. This sector is not part of the stock market, it's part of a horse auction, being driven by pure speculation. Sure, the Internet is here to stay, and it will be huge, and some very nice companies will emerge, but ultimately it will be about earnings, not hype, or some "new paradaigm". The IPO's that are being brought to the market are just ludicrous. Reminds me of the old traveling snake oil "miracle cure" salesmen. Unfortunately, the flip side of a few people making insane money is all the blind gold rushers who are going to get burnt. Time and history will prove this out.
Have fun with your speculating, but please, try to do a better job of separating the wheat from the chaff.
Cheers -
RC
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