DoubleClick Inc (DCLK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : DoubleClick Inc (DCLK)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Thomas C (Hijacked) who wrote (2207)	5/29/1999 7:35:00 PM
From: Tai Jin	of 2902

There was another negative Barron's article on AMZN at the beginning of May - it certainly wasn't a contrary indicator. I can see AMZN making its way down to the 80s. As for DCLK, it got a bounce on Friday and might continue for a few days, but I expect it to fall again (my reading of the indexes and most Internet stocks show the same pattern with more downside over the next few weeks). The reason the Internet stocks are at such high valuations, imho, is mostly due to hype, small floats, and analysts trying to manipulate investors into thinking that their price targets are reasonable. Fundamentals will rule in the end. Unless a company is incredibly profitable and demonstrates incredible growth there's just no way to justify some of these valuations. Current valuations mean that many of these stocks have no room to grow in the future because they've already priced in 5-10 years of growth. In 5-10 years, most people will already be connected to the Internet and growth will slow considerably. All I can say is that the analysts are very short sighted and looking to make a quick buck at the expense of long term investors. ...tai

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next