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Non-Tech : Millionaire.com (OTC BB:MLRE) --Realistic expectations

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To: LANCE B who wrote (98)12/21/1998 4:23:00 AM
From: Mr. Jens Tingleff  Read Replies (1) of 132
 
Lance, These high trend volatile stocks will always end up having trouble.

To me it is obvious that when a stock it traded at 10, 100 or more times it's value, it is only a matter of time until reality checks in.

Just FWIW - comparing MSFT and EBAY: At EBAY the investor pays 6800$ (PE 100 times more) per 1$ earnings than at MSFT 67$ !!!
Add that IMO even MSFT is valued way to high.

Tousands of investors will eventually get burned on these trendy stocks - My advise is:
If you are not able to take action on sell within the day, monitoring your stock tight, then rather stay away - when it can go up 100% one day - it can surely also go down 75% the next = half the value of the previous days starting point!!

Kr
Jens
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