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Technology Stocks : Lucent Technologies (LU)
LU 2.675-1.1%3:59 PM EST

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To: DHB who wrote (7171)4/11/1999 8:02:00 PM
From: Diamond Jim  Read Replies (2) of 21876
 
PE's are high and can you imagine what DLJ is looking at to say YHOO new price target is 300? They are at 11 cents a share, stock 240, and what will they do to earn more money?

DLJ raises the target to 300???? amazing. Pyramid scheme is right. YHOO is at least a real co, my favorite out of control wrong was AMZN, why, why, why? What about TGLO??? A split so it jumps 20???

What is going on is people won't buy a loaf of bread for $4 because they can soon buy it for $2 but it's only half as big. They don't care, just so long as new people come into the pyramid and pass the money along.

jim
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