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 : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Paul V. who wrote (59122)4/26/2002 7:22:08 PM
From: bambs  Respond to of 77400
 
i expect that people will be saying that the gold sector is over bought and over valued for the next decade.

just like msft and csco were for the entire 90's while they continued to double every year.

even today..worlds largest gold company has a market cap of around 6-7 billion. chump change. yahoo had a market cap of 140 billion.

currently amazon.com has a market cap of over 6 billion..it's a bankrupt company doomed to fail..and it's even being valued as equal to the worlds largest gold producer.

now, think about that...and tell me these gold stocks are over bought....try looking at some of the 10 year charts of junior miners....these stocks have a long why to run just to get back to 1996 levels...if gold runs to $400 this year or next these stocks will double and triple a couple more times.

bambs

as of todays close.

csco $13.91
hgmcy $15