News Focus
News Focus
Followers 0
Posts 57
Boards Moderated 0
Alias Born 07/15/2003

Re: Zeev Hed post# 3765

Tuesday, 08/05/2003 11:27:57 PM

Tuesday, August 05, 2003 11:27:57 PM

Post# of 252295
Zeev Hed,
The TOYS,PETS,BYND & just about every other internet based retailer that had approx 1000 or more times the PE of a successful bricks & mortar retailer have been weeded out, that's the difference.
The tricks & gimmicks where an internet retailer would give individuals $100 dollars to register & attribute that same $100 to revenue are over
The companies with the BS software that would enhance the internet, etc. are gone.
There will be no more companies with several billion dollar mkt caps going out of business because they were never really in business to begin with.
Also the boom was caused by there no longer being the need for a broker & the convenience of keeping a screen open on your computer so you could see real time stock quotes. With this kind of technology at your disposal how could you lose.
Nowdays these attitudes have been humbled & if you see a stock soaring, & doing millions of dollars worth of volume it is most probable this company has something of substance

[

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today