Product Description
New ways of looking, researching and valuing these companies need to be addressed. Valuation of Internet and Technology Stocks offers practical information to enable institutional investors to value internet.coms and high tech companies more accurately.
The author highlights the deficiencies in existing stock market techniques and shows how they need to be modified or, in most cases, replaced with techniques more suited for the revolution in economies… More >>
Valuation of Internet Technology and Biotechnology Stock
biotechnology, coms, deficiencies, high tech companies, institutional investors, internet, internet technology, Stock, stock market, Technology, technology stocks, Valuation, value internet
#1 by W Boudville on May 21, 2010 - 3:25 pm
This book was published in June 2002. The Nasdaq index peaked in March 2000, and that is taken as the high water market of the high technology boom, a grouping which encompasses the dot coms, startup telecoms and the biotechs. So you might read this book as a retrospective on those times. Especially if you had fruitlessly invested some of your own funds in any of those startups.
Kettell’s ideas for new metrics by which to evaluate these and future startups are interesting. Though some (many?) might consider these to be discredited by the multiyear slump after March 2000, and the resultant bankruptcies of numerous startups. It was then said that the traditional metrics of performance were still best, and time-tested.
Rating: 3 / 5