Gameboy70
Member

Registered: Oct 1999
Location: Metro Station, Hollywood and Highland
Posts: 1018 |
I agree with about half of it. Tech stocks are inherently speculative, and since you can't predict the future, valuations can easily get out of hand (compare Handspring's 40:1 PE ratio with with General Motors' 7:1). It doesn't help that the internet has brought in a flood of day traders who look at nothing but price fluctuations.
I disagree with the part about Handspring's only revenue stream being the Visor itself. They can license the Springboard slot to OEMs, as they have with Symbol. Right now, the Springboard isn't incredibly valuable, but its value will increase as more modules are released.
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Eye of Gameboy
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