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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (43589)9/24/1999 7:22:00 AM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Bill,
The internet analysts do not consider the internets are overvalued technology stocks. The internet is
expanding rapidly and has yet not reached 50% of US homes. Nor have they figured out how to be
profitable in the long-term; or what the probability is of there being a long-term. In these analysts' minds the
concern about discounting future uncertainty does not apply. So go manias and their analysts.
(Unfortunately I couldn't find the link to the news article.)
Is there a DOW sell theory for tulips, southsea properties and internets?
Caution on buying internets it is a long way down before their prices are properly discounted.
Skeet
(We will probably see a furry of broker buy recommendations now as major clients want to get out.)