I agree. I think (as ever) Dr. Bob is very objective. But there is very little that is 'objective' about what we've seen lately with Go 2 Net, Excite, Yahoo, etc. Hype is hype. There is nothing, really, upholding those ballooning stock prices.
For all we may want to nail the stock price down to fundamentals, perception seems to be everything. The market price on Dragon may well go crazy, if only briefly, as people jump to buy into "an exciting, new technology" (having conveniently forgotten that Dragon has been plugging away, getting sales and developing its technology, for some time now).
I wouldn't count out a sharp ascent. But then, I also wouldn't count out an equally quick decline, though stopping short of returning to its launching point (Rather like what happened with GNET after a wild ride yesterday).
Or am I alone with this line of thinking?
Matt |
