Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
For awhile there this AM, Corvis (Rev=$0) was sporting a bigger Cap than Seibel (Rev=$1B+). Now that they've flipped places again, I feel a lot more confident going forward.

I'm sure a great many momentum investors will make money on Corvis (in both directions), and it may turn out to be a great company some day. Perhaps even a gorilla. But $27B Cap for a company with nothing but promises and potential? Give me a break.

On the bright side, this kind of idiocy will cause the NASDAQ to crater again and again, presenting opportnities to buy our favorite gorillas "on sale", until all the morons have been shaken out.

Thanks for the opportunity to rant,
Joe O.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.