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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (40633)2/18/2000 2:03:00 PM
From: Doo  Read Replies (1) | Respond to of 99985
 
greed and fear are powerful elixirs.....



To: Jacob Snyder who wrote (40633)2/18/2000 2:04:00 PM
From: KyrosL  Read Replies (3) | Respond to of 99985
 
Jacob, IMO, we are in the midst of a once-a-millennium event wrt to valuations of telecom/wireless/internet and now biotech darlings. The interesting thing is that most other companies have perfectly rational valuations and some are even deeply undervalued, so the craze is confined, which means when it inevitably corrects it's not going to cause much damage to the real economy.


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