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Technology Stocks : Akamai (AKAM) -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (261)10/29/1999 1:47:00 PM
From: Smart Investor  Read Replies (1) | Respond to of 695
 
Believable? At 12 billion, it doubles the market cap of ATON, more than that of FDRY. This one is as INSANE as SCMR! It will not go anywhere but down from here. There is no way it can support a market cap of 12 BILLION.



To: Bill who wrote (261)10/29/1999 1:53:00 PM
From: The Phoenix  Read Replies (3) | Respond to of 695
 
Yeah and SCMR's total avaiable market over the next 5 years is $200B.

Bill, you don't see it. These IPO's are being priced at full value day one. They will run up due to investor enthusiasm only....but they are set up for failure if the company so much as burps. You used to be able to buy a company for a reasonable price based on prospects and then it runs up as they prove themselves. This phenomenon is history..... And this is ridiculous.

OG