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.

Technology Stocks : Tekelec -- Ignore unavailable to you. Want to Upgrade?

To: Esway who wrote (1202)	12/10/1999 3:37:00 PM
From: WTSherman	Respond to of 1648

TKLC is just treading water. Doesn't seem to be any sort of selling pressure and with all the hype in Linux, I-nutz, etc., there's nothing to move the stock unless some sort of news or rumors are floating. I like the pattern the stock is trading in. I'm still seeing a HUGE position in Feb 17.5 calls. Somebody is expecting something to happen in the next two months. If it does, they are going to make one hell of a lot of money...

To: Esway who wrote (1202)	12/10/1999 6:09:00 PM
From: John Curtis	Read Replies (4) \| Respond to of 1648

LOL! "Hype.com". Brrrrother, have you ever got THAT right. I tell ya, the market is positively scary....where PE ratio's(that determinant by which in day's of old a reading of relative worth could be established) are stratospheric. I've never seen anything like this....it's become normal for PE's to be acceptable when they're in the 100's, 200's...hell..500's.. Folks aren't chasing a company because of any sort of rational fundamentals. They're chasing a piece of paper that is perceived as somehow increasing in value. TOTAL disconnection between the paper and the intrinsic merit/worth the underlying company can support. In fact, if you asked most shareholders what they know about any one company they're chasing....you'll find a staggering lack of knowledge. Mania...pure and simple...These days are shades of Great Gatsby! This cannot last....but all one can do, if you feel the same, is keep one eyeball on the exit door and the other eyeball watching the fantasy pile ever higher, so that when it crumbles it doesn't land on YOU! Everyone have a great weekend.. John~