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.

Gold/Mining/Energy : Cybersurf (CY.A) - Bridge between 20th & 21st Centuries -- Ignore unavailable to you. Want to Upgrade?

To: TonyL who wrote (2348)	10/2/1999 4:48:00 PM
From: TonyL	Respond to of 3243

"C" said: "maybe we'd get a 1929 style panic. That would take us to DJI 1000! Holy cow! Impossible you say? Nothing's impossible. But then, you weren't even born the last time this happened so we really can't expect you to remember." I guess the guy is even older then 56. You have to respect our elders wisdom. Dow 1000 here we come. LOL As for the important issues: 1. Grossly overvalued tech market. According to who? My Opinion... Technology stocks are the future. WE are in the first few years of a shift from the Industrial revolution to the technological revolution. I only wish I could be alive long enough to see what dramatic changes this will bring to man's way of life. I was talking to a leading economist the other day. This person is doing an economic study on the future of commercial properties. Her opinion... Sell! Commercial property values in the future will be going down. Why? One word. INTERNET! GROSSLY OVERVALUED? Na... buy on dips 2. DJI looking weak. Where has this person been? Corrected 10% already. Maybe another 5%... Maybe. Then it's business as usual. Again my opinion. It looked weak at 11300. Its starting to look strong. No wonder some people can't make money. 3. Extremely competitive business (ISP's) As we move into this technological revolution, there will be more and more competitors. When a segment such as the Internet is expanding at the rate that it is, I wouldn't call it extremely competitive. When the market stops growing, then I would say that getting into that segment would be more risky and hence more competitive. Example... Retail electronics 4. Y2K uncertainty This one is a little more difficult to call. IMHO There will not be any Y2K crisis. Same as the 1980 oil crises. I can remember people arguing that we would run out of oil by the year 2000 LOL. As we move closer to year 2000 more and more companies and governments will reassure us that their Y2K issues have been resolved and that we need not worry. North America, Europe, England, and most Asian democratic countries ARE READY. 5. Unrealistic expectations among those who've never seen a real bear market I've seen the bear and the only way to fight the bear is to look him straight in the eye and say BUY. So many safegaurds have been implemented into the markets that it is EXTREMELY UNLIKELY that we can ever have a repeat of 1929 or 1987 for that matter. In fact it would take an INVASION from another PLANET to repeat 1929, but then again anything is possible! "C" said: "Try expanding you horizons beyond "important" issues such as whether Cybersurf said "September" or "Fall" and look at the bigger picture" If a tech company keeps falling behind on it's forecast without explaining itself, it loses credibility, And as any knowledgeable investor will tell you, "credibility" is the main thrust to a companys' success. So MR C, before you insult our next generation of investor because his too young to have been there, I will be the first to admit that being there does not make you more knowledgeable. "You" are an example of that! Another prediction from CY on Earnings... Next fiscal year earnings $1.24 approx. Can anyone remember that from a PR or Interview? Lets see how they do with their next earnings report. CREDIBILITY!!!!!!!!!!!!!!!!! Cheers