Points well taken, but it's hard to argue with results of stock appreciation. People have been YHOO, AMZN, AOL bashing for a couple years now, and I've been among them, but as all I've done is lost $$ because I was too sold on PE ratios. I'm starting to develop the view that with NET stocks future speculation is more important.
My core long term holdings (CSCO, TLAB, CPQ, DELL, EMC, WCOM, PFE, HD, and AOL) all have solid fundamentals in my opinion. The mere 5 shares of AMZN I bought are pure high risk speculation. I was just getting sick of losing by not joining the game. |
