How Quick we forget. 24 years ago! But this time it's different.....

[S2007S]

Ill just add, in 2000 CSCO had a P/E of 196. NVDA looks cheap at a P/E of 27.29

"The future is just like the past, only different" Anonymous

What many fail to understand is that yes companies have profits and very conservative PE ratios ...see you are looking at what happened the last time . Meaning companies have profits and people ratios that aren't skyhigh but it will be something that to

I was trading garbage stocks touted on chat boards in the dot com times. Made and gave back some decent money. I did feel that something was off back then, like there was a whole universe of meme stocks. Doesn't feel that way exactly right now.

It won't be what you expect it to be when the drop comes, when the hypenis done and gone you will be like ahhhh haaaa....

Right now it's talked about that there is no leadership meaning its the same 7 to 10 stocks doing all the lifting, which is why it falls into question what happens when these stocks don't pull their own weight. The combined market caps of these handful of stocks is now approaching half of the US gdp, ....and all it will take is one blip in nvda earning to collapse the market. If they announce any glut or start losing market share the game is over...the amount of anticipation riding on nvda to keep markets up is insane at this moment.

 

[schizo]

I did feel that something was off back then, like there was a whole universe of meme stocks. Doesn't feel that way exactly right now.

You might have thought that, but countless others didn't. Same thing this time as well. You might think this time it's different, while countless other doubt it.

Let's not forget history is there to repeat itself. Nothing is new under the sun, only your imagination.

 

[mikeriley]

None of that stuff matters to me. I am a scalper of 1 to 8 points in ES or equivalent in other indexes. I don't care what happened a few years back or last year or for the most part what happened 3 hours ago. I am more interested in the last 15m. 5m, and 1m. Occasionally will glance at a daily chart. But I guess if one is a long term investor then.........

Love your comment..staying FOCUSED on what makes money
is the ONLY important consideration. I'm starting to think
some posters are Financial News Network sponsors.

 

[David's faith]

The revenue is real. However it is due to a monopoly. Only one entering serious competitor and net revenues would shrink a bit due to pricing. That could take years however

 

[nitrene]

AMD has been chasing nVidia's gaming cards for at least since Dr. Su took over and they have pretty much caught up them in terms of hardware specs but nVidia's coordination with the game makers & their software are still superior. Plus AMD never seems to make enough of their high end cards. I mean its still a lot easier to buy the nVidia RTX 4090 vs. the AMD Radeon 7900XTX.

It'll be the same with the H100 and its successors. It will take AMD a few years but they'll get there. These AI & Inference cards are really just enterprise so adoption would be slower. It didn't take much time for AMD to beat Intel at the retail level. As soon as the second generation Ryzen CPUs came out Intel was toast, however beating Intel's Xeon chips with AMD's EPYC chips took a lot longer since enterprise customers don't like leaving legacy vendors.

 

[S2007S]

The revenue is real. However it is due to a monopoly. Only one entering serious competitor and net revenues would shrink a bit due to pricing. That could take years however

What if Facebook and Microsoft are over buying these chips and trying to get an advantage over competition only to realize it was just one big ai hype to get these big corps to spend money on chips they may not have needed....

Also what percentage of these chips being sold are being sold to msft and Facebook??

 

[ironchef]

Found this article written 24 years ago on Cisco being the leader of the world, capturing an almost half a trillion market cap at that time and a reason why it's going to a trillion dollars, to be the first trillion dollar world leader and biggest and best of its kind.............

A Trillion for Cisco, but Not a Dime for All Else?
BY TOM PETRUNO
FEB. 13, 2000 12 AM PT


Talk of a trillion-dollar valuation for Cisco just reinforces that this has become a stock market in which everything, and nothing, is possible.

Everything seems possible for the relatively small number of tech stocks that are keeping Nasdaq aloft.





https://www.latimes.com/archives/la-xpm-2000-feb-13-fi-63886-story.html

Still own some CSCO (since about 1999).

 

[Zwaen]

What if Facebook and Microsoft are over buying these chips and trying to get an advantage over competition only to realize it was just one big ai hype to get these big corps to spend money on chips they may not have needed....

Also what percentage of these chips being sold are being sold to msft and Facebook??

These companies are not 15-years olds' in basements

For the percentage you can ask bing A.I.

 

[toucan]

It feels just like early 2000s, AI stocks now vs Dotcom bubble of early 2000s.

What worries me is that PE ratios are sky high and not sustainable

 

[S2007S]

These companies are not 15-years olds' in basements

For the percentage you can ask bing A.I.

You know I tried a few of these ai Bot thingies you talk to ...it does nothing but show me some facts that I could get typing it in a search myself.

I fully don't understand what perplexity or chat gpt do. I don't know many people who use it either, so I'll just keep typing my searches in web searches instead