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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: AurumRabosa who wrote (4639)	11/16/1998 8:06:00 AM
From: Jurgen Trautmann	Respond to of 11051

Ron, I agree - "prices being paid for internet stocks are absurd" I called it "lotteria" a few postings ago. I would like to add that IMO even recent prices for Intel, RMBS, PFE, LU, NXTL and others are "absurd" too. However, that wasn't my point. My point is - I tell it with an example - that, as long as you can find companies with an average yearly growing of twice to more than 10-times (f.e. Dell) the interest-rate (of a 30-year-bond), it makes no meaning to consider 1/4 point rate-movement, in which direction ever. More, most bond-investors don't stay in their bonds - they buy it when stocks are weak - with low interest-rates - and sell it when stocks are strong - at low prices. But again - you can find no single internet-stock in my portfolio; when I was a gambler, I would go to LV... Jury