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To: TheStockFairy who wrote (32214)4/9/1999 8:34:00 PM
From: J. P.  Respond to of 86076
 
Compaq warning ain't gonna do it. Everybody knows they're toast, that's why it's been a low price stock. The only people holding these things are the cultists and the indexers.

The root of the problem is there's too much easy money out there, and the Fed is cheering this on. So if the traditional bellweathers puke on their shoes, you just throw the money into the interntz stocks where nobody can ever make an argument against you.

How are you going to argue against an nut stock? Valuation, ha!