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> Wealth is being made and spent from rising stock
> prices instead of labor, materials and products. The end
> result will be inflation.
>
Good evening: My background is in the manufacturing of hard goods so I
would tend to agree with this statement from a mainstream Options
advisory. I'd be interested in hearing anyone's opinion about how they
view this in relation to the future equity price levels.
Today on CNBC they spoke with a gentleman from Internap and discussed
that their revenue was 17 million(I believe this is correct) versus
their stock valuation of 1 billion dollars.The commentator asked the
CEO what could be the justification for these overvaluations versus real
revenue and the talk of" future "profits began. The CEO had no answer
except that the stock buyers were betting on the come.
Just thought for discussion. If I'm jamming the network with non topics
let me know. Many user groups nowadays are hypersensitive to topics not
within the list jurisdiction.
Have a nice evening,
Paula
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