Re: Work this through with me... people of common sense
I appreciate the responses by some of you relating to the high multiples of some tech stocks (especially Internet stocks). The fact is not one person responding gave any justification for these advanced multiples. There simply isn't any meat on the bones to warrant what we have seen.
Systematically, sooner or later, there will be adjustments to bring these issues back into the stratosphere. However... even though this makes all the sense in the world... even though I know the risks are high... why do I still want to be in these issues? Greed, excitement, not wanting to be left behind... who knows? All I know is when it's all said and done, I just remain a dog who continues to chase his tail.
Thanks for your comments.
Woof,
D'Bear
