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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (76442)	2/3/2023 5:00:38 PM
From: The Ox	Respond to of 97649

People paid $40/share for that "trash" in the IPO process. Maybe $25/share isn't all that bad? People are definitely paying for the future and the question is how soon will the future contain earnings vs simply income? Go back to Facebook's IPO and the growing pains they incurred. Was it worth the wait if you bought at $25/share or $40/share way back then? I can assure you they were burning through cash like C3.ai back then. 8 times sales may not be all that expensive if enterprise level AI implementation turns out to be anywhere near as innovative as many expect. They have an impressive list of customers who appear to be pleased with their products.