ISP success is a theory based on future expectations. When Asia business tanked, the realistic expectations (betting on the come) tanked, but with a lag. Now that Asia may be starting back up, it is prudent to believe there will be a lag for stock prices of ISPs (both USA and outside USA) to go up.
Part Two: I didn't say BACK up. ISPs may never get to where they were. At one time there was no limit because there was no bench test, no prototype or template standard. Now maybe there is.
IMHO people may have to return to the old days, when they put as much into investments as they could afford, then they waited years for a return greater that available through bank savings accounts. 12% profit for the year? 18%? Great!
UNLESS, the new days of global online amatuer investing prevails and everyone rides the ups and downs with the shorts.
I was looking at SUNW. I could have made lots of money selling that at $100 and buying it back at $80. Today it is hitting $92. But I considered it unwise to get into the daytrading race with a great stock - who would ever sell CSCO? HWP? Maybe in the future more investors will apply daytrader tactics to maximize profits.
Maybe it is time to buy KOREA now and enjoy the run up. Up to where is unclear. I hope it goes above $70.
The analysts - what a joke. Once they make a prediction they seem to let it ride. I agree that some sort of re-assessment needs to be made.
I may have reproduced a re-assessment in a post here on the KOREA board. If you didn't read such a post, then I will tell you the trend was all revisions down. This was from an article. But like the weather - anyone can predict the weather. Being correct in predicting is something else.