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Technology Stocks : Juniper Networks - JNPR -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (272)7/1/1999 3:02:00 PM
From: limtex  Respond to of 3350
 
Gary -

Folks over on the QCOM thread think that MSFT is ahead of itself. There is a poster called jach who really doesn't like CSCO ( I think it's CSCO) people all over the finacial media are talking about just about everything being ahead of itself but it is at the end a market and our system is based on the market concept.

A very large number of people in the US, Europe and elswhere are investing in stocks. Fro so long as they continue to do that the demand for the big performing stocks will outpace the supply and so the price will inevitably go up. If people want to buy an item $10 then at the time of teh sale that is its market price.

As people percieve the market as the most efficient way of saving for the most expensive and important event in their lives ie their retirement then they or their mutual fund proxies will pay what they belive the market is for any given product and that includes JNPR, CSCO, MSFT and the rest.

Regards,

L