VA Linux Overvalued?

from the bubble-investing dept

Morningstar has a nice little analysis of VA Linux in which they (surprise surprise) suggest it's overvalued. While the analysis is useful, you have to wonder if anyone cares. Investing based on actual value of a company went out the window a long long time ago.

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  • identicon
    Grumpy Old Fart, 17 Dec 1999 @ 1:34pm

    1999

    "Judge says Microsoft has a monopoly in the desktop x86 PC market."

    "Stock market analyst says VA Linux is not worth $8.5 billion"

    1999 should be remembered as, "The Year of the 'Duh'". :)

    link to this | view in chronology ]

  • identicon
    wonko, 17 Dec 1999 @ 4:22pm

    Overvalued, yeah.....so?

    Whee! Overvalued stock is fun! :)

    VA Linux went up about $45 today, which puts it back in the ~$240 range...which makes me very happy that I held onto my stock rather than selling after the IPO. Stocks have kinda' become a big money game lately...and the only people who really care are the ones who didn't invest in the overvalued stocks...

    link to this | view in chronology ]


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