[needhelpplz]

this is my theory that the current economic model we have of dot com stocks is very much flawed, grossly overvaluing future potential revenues vs. current revenues. This argument never makes sense to me, unless you are investing in infrastructures like oil rigs or telecom grids that have a very sure and quantifiable return on investment, this is a mystery with a lot of dot com companies, especially for those that fail to demonstrate ability to earn.

I think a market correction is long overdue, I believe that after this year, capitals will be tougher to come across, companies that didn't really innovate but instead captured markets by burning cash won't be able to sustain this level come rainy season when capital market dries up for these firms.