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To: Steve who wrote (3899)12/22/1999 11:29:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 7721
 
Steve, I have no way to measure if a stock will become valued exuberantly or not, I never count on it. I agree with you that some stocks do get that "halo", one such stock in which I decided that a billion dollar valuation may be justified is ONT, and it has no sales right now, and even in that case, if the bullish pattern will break, I'll change my opinion and feed my turnips some of the stuff Carl feeds his eggplants with (G). As for major developments, I would only suggests that such announcements are often used to distribute shares into the rallies created. If enough demand will be there to break through that overhead stock supply at $24 to $26, it will simply mean that I erred, again.

Zeev