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Technology Stocks : Terayon - S CDMA player (TERN) -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (555)4/12/2000 5:55:00 PM
From: Dan B.  Read Replies (1) | Respond to of 1658
 
Yo,

I agree with you about various price targets in many issues today. Analysts are already looking silly. It's plain in hindsight many issues had peaked in hyperspace just as targets were picked for further doubles or worse. It may be decades before even a small fraction of some of these internet issues manage to break even for purchasers, IMO.

On the other hand strong technology and growth have always and traditionally resulted in premium stock prices. So this is not a wholly new phenomenon at all, and it will not fall out of favor beyond the short-run, IMO. Enjoy guessing how short that will be- it's not a game I want to play, particularly in growers like TERN or CMTO. Technology companies behind future bandwidth growth used by the internet winners should do quite well. Shorting TERN could be hazardous to your wealth in the end, IMO.

Be careful there,

Dan B