You might have to wait a long time George.
Bubble will burst indeed,, when EBAY hit some where pre-split $1,200, even then not a sure thing.
Now if this has any news, say possibly with AOL or any other nets for alliance, it will open up 50 points and go up another 50 points.
Throw out the logic, this is the bubble of highest order, never before mankind has realised the potential of new industrial revolution. As demographics increase and the convinience of net commerce gets accpted more widely. When will there be that critical mass ?
I belive far far long way from now.
Compare Wall Mart's valuation based on their EBITDA and EBAY's ,,,
Awesome concept no ?
YHOO has been ticking steady for last 3 years, so has AOL,, both really began to reap the fruits only recently. |
