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To: NOW who wrote (31432)10/26/2000 3:55:59 AM
From: KeepItSimple  Read Replies (2) | Respond to of 436258
 
>25% down would be fair value?

Your average nazdung tech stock could fall 99% and still be wildly overvalued by historical means.

The vast majority of new issues in the last 2 years should have never left the cocktail napkin scribble stage, and certainly should never have gone public.



To: NOW who wrote (31432)10/26/2000 10:08:03 AM
From: chic_hearne  Read Replies (1) | Respond to of 436258
 
25% down would be fair value?
Whose definition of fair: bezos?


no no no. I said whatever "fair" value was determined to be, the bottom would likely come significantly under that value, such as 25%.