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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?


To: Frank A. Coluccio who wrote (3330)7/18/2001 12:19:54 PM
From: Raymond Duray  Read Replies (1) | Respond to of 46821
 
George was commenting (actually, it sounded more like lamenting over) how TeraBeam was electing to 'play it safe'

Reality bites.

What the heck. It's the Internet's way, right? I know. I know. Get over it.

I have an EE buddy who got degreed in the mid-'60's. David's astute comment was that throughout the '70's, ideas were cheap. He was commenting on this in relation to the unreasonable valuation of all the ROV (return on vision) companies that got over-capitalized in the last 5 years. We are about to enter a much more sober economic period when, once again, ideas are cheap. And Wall Street will be impressed with profits rather than dreams.

JMVHO, Ray