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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (8914)1/6/1999 10:32:00 AM
From: Eric D. Peters  Read Replies (2) | Respond to of 10479
 
Fundamentals are meaningless.....
I think if you look at the market these days it is less about fundamentals and more about not getting left out of a bull run.
A simple look at the internet stocks supports this.

P/E, P/S, and even earnings have truly been rendered meaningless. What's more important is good ideas that have to do with tech industries.

As far as Osicom, they have good ideas, and yes, no earnings; I guess I'm taking my chances.

Perhaps after 10 years, people will look back at the AMZN and YHOO's of the world and shrug their shoulders as to why they invested at such lofty ratios. But as long as money comes in, you still make money. I consider FIBR far less risky right now than these stocks.

FWIW

Eric