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Technology Stocks : DoubleClick Inc (DCLK)
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To: KeepItSimple who wrote (818)3/12/1999 10:33:00 AM
From: dabadabadoo  Read Replies (1) of 2902
 
Clearly you are a value investor and therefore i can easily understand when the fundamentals don't warrant the excitement; ie, the price is going up based on mo, psychology, and (no doubt, in part)due to the GFT, Greater Fool Theory.
As said earlier, in a couple of years the gold rush may be over, these high flyers may have a large number of institutional buyers and teh fundamentals will AS THEY MUST SOONER OR LATER take over.
But today and probably this year the gold rush mentality (pessimists may say the Bubble) is firmly in place and only a major political/economic event will upset the 'gold cart'.
As also said earlier put aside the value argument for now, put down some conservative money on solid plays that have at least 1 foot in the inet and check back in 6 months. i believe you will see 50% increase in your stake. good trading.
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