Proves my point. We are in the middle of a bubble. "All rules have changed - no valuation model exists yet to account for net stock values."
Hallmark reasoning in the middle of a bubble...
We all know that EPS does not and has not applied
to these businesses for now - i.e. the growth
period, and until a better valuation model is available
for the 'nets'.
Imagine the scenrio a month
ago, and then tell say its not oversold. Shorts will
be in trouble when the general
positive, which could be before the
10-Jun-99 Open : 180.25
High : 186.50
This is from todays MCD news as published in the
"McDonald's, meanwhile, distributed several hundred million
Teenie Beanie Babies with Happy Meals. That four-week
promotion ended with a bang as the Oak Brook, Ill., chain
sold a series of four miniature teddy bears for $2.49
Sad but true. They will all make there way to eBay
(many times over).