Silicon Investor (SI) -- The First Internet Community

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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (68834)	8/14/1999 8:19:00 PM
From: Mani1	Read Replies (1) \| Respond to of 1573482

Paul Re <<He was probably happier than a clam - knowing he got out at the top - an ALL TIME HIGH !>> I am sure he was. But my point was that he did not think that INTC is "worth" that much so he/she sold it. It was in responce to your comment that since someone paid that much for it, it must have been worth it. Re <<Re: ". It is my opinion that RBAK and JNPR are extremely over valued regardless of whether some one paid $200 for them." Those prices are extremely high - I agree - but someday may prove worth it.>> So you agree that JNPR and RBAK are not currently worth their trading value. Someday they may be however. I agree with you that stocks are ultimately worth what someone is willing to pay for them. As Cramer wrote in his daily bulletin, the real discipline in this market is, not to sell an already over valued stock after a 20 point run up. I think in the near term RBAK, RHAT and JNPR will likely end up like PER. Mani