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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Cheeky Kid who wrote (60416)10/12/2000 1:58:56 PM
From: oldirtybastard  Read Replies (1) | Respond to of 122088
 
"Maybe it's what people are willing to pay for it"

The majority of people are willing to pay too much for the majority of stocks in a mania like we have/had while only a few of the stocks will end up justifying those premiums when you look 5 years down the road. When everybody is in the market already, the last ones have bought high, who will buy from them?



To: Cheeky Kid who wrote (60416)10/12/2000 2:00:10 PM
From: Mama Bear  Read Replies (1) | Respond to of 122088
 
So you are saying that MPPP was fairly valued at 100+, because it traded there? Or is it fairly valued at sub 3, where it currently trades? You know...the market?

Regards,

Barb


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