SI
SI
discoversearch

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 : Network Appliance -- Ignore unavailable to you. Want to Upgrade?


To: riposte who wrote (4610)9/28/2000 4:38:18 AM
From: kas1  Read Replies (1) | Respond to of 10934
 
'I don't think people really understand how great this opportunity is,' he says. 'It has almost no limits.'

Does anyone else see quotes like this as a contrarian indicator? It seems that anytime anything is touted as "a limitless opportunity," it's about to fall.

I hope it portends downtrends only for the short-term though.

Related: does anyone remember sentiment on Cisco in the early 90s? I remember researching it around 1993, deciding it was way too expensive for me at a pe of around 40. :-) Anyway, I'm wondering if Cisco managed to grow "despite" extremely optimistic sentiment about the "limitless opportunity" of ip networks.

----

addendum. just read this thestreet.com blurb linked by someone, which seems to exactly reiterate what i say in the message above thestreet.com