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the internet bubble monitor makes a great point about friday's market 'correction':
"The purpose of the Bubble Monitor was to point out the absurdity of the valuations given to Internet stocks. This was an amusing activity until this week. Now, it feels more like piling on.

This does not mean that I think we have reached bottom. Consider:

Each of the stocks on the Bubble Monitor is higher than it was 6 months ago. (WEBM only went IPO two months ago, of course.)

None of the stocks is in any danger of being "cheap" relative to earnings or sales. Yahoo's P/E ratio still is well over 500, and the others have no earnings."
bookmark: ::digg it ::furl ::reddit ::yahoo ::
4/16/2000 10:18:00 AM 0 comments


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[ rhetoric ]

"it is hard to be brave," said piglet, sniffing slightly, "when you're only a Very Small Animal." rabbit, who had begun to write very busily, looked up and said: "it is because you are a very small animal that you will be Useful in the adventure before us."

the complete tales & poems of winnie the pooh

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this site chronicles the continuing adventures of my son, odin, who was unexpectedly born on the fourth of july at 25 weeks gestation, weighing 1 pound 7 ounces.

he's quite a fighter and you can always send him a postcard to the most current address listed here if you're inspired by his adventures. see the postcard project/google maps mashup to see a map of the postcards.

if you're new, you can browse the archives to catch up. and don't forget to watch a few movies that i made while we were in the neonatal intensive care unit. or if you want the abridged version and you can find a copy, you can read about his adventures in the november 2005 issue of parents magazine.

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