Don't you find this "Tom Hua" guy very fmailar?
Just go to EBAY, AMZN, YHOO, ATHM, DCLK threads, go back
6 months, 12 months, or even 24 months. Yes, this
kind of "overvalued bubble" theory has been there for
more than 2 years.
Within these two years, we have seen much worse situations
such as 1997 Oct correction, 1998 summer crash, but in
the end, we all wish we should have stayed long in the
internet sector from the beginning.
Why? Because this is a new revolution. Just like Blodget
put it: "The risk is not the hefty valuation of these
stocks, the risk is to miss out this lifetime opprotunity".
Last but not the least, don't forget that there were countless
"Tom"s last Nov calling ML analyst "crazy" when he issued
that famous AMZN 400 target. I just wonder how many of them
have not gone broke yet:) |
