Rob,
i am a dines subsciber. so i know he recommends WMT.
i am a WMT shareholder.
Mick,
the tech bubble had real technology behind it and some companies have survived. But there were companies that had a website and an idea to sell and they were capitalized at Billions.
In the end value comes down to dollars earned and future dollars to be earned and a reasonable price earnings ratio based on that.
We can kid ourselves if we want but please just give me an idea of WMT's resource size and their future earnings from those resources and also the time when those earnings will start.
If you cant then i will accept that we are speculating and it is indeed very reminiscient of the Tech Bubble.
regards andrewe
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