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Technology Stocks : Internet Analysis - Discussion
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To: Chuzzlewit who wrote (2)1/31/1999 6:25:00 PM
From: larry  Read Replies (1) of 419
 
CTC,

You are missing the obvious part, that is, your valuation model is arguably history. A majority of investors nowadays no longer pay attention to fundamentals of issues. They believe that only short sellers bring in these words to scare away the longs. The sexy word in the Street right now is potential. You can hear investors say that he buys the stock because it provides loads of potential. However, I bet that in late March, investors will come back to talk more about fundamentals when the market experiences a broad based retreat. Anyway, if the market breadth these days is any indication as it used to be, we are going to experience another one of these retreat...soon.

Thanks for establishing such a nice forum and hopefully I can read some well reasoned discussion on the internet sector, maybe even include the broad market.

larry!
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