Re: I realize I will be a target for some, but I believe we need DB-richardo
posted on
Mar 17, 2009 03:45PM
Agreed ricardo. Back then it didn't take much for a tech stock to run up. Like the man said, it was irrational exuberance. That was a different investment world. You can't compare the mind set to today's.
Twenty four bucks was obviously way too much to pay for this company's stock. As it turned out, people overshot at twenty four cents. When the price goes higher from this point on it will reflect a much more realistic measure of the company's worth.