Still, she plans to hold the stock, because she believes in the online toy retailer's prospects. The relentless bull market has driven away many bearish prognosticators. In a bubble, people buy simply with the expectation of higher prices. They have no real consideration of value. That is definitely true today.
Few people seem to be listening to the bears.
Investing is like buying clothes. You have to pay for quality. But she and other bulls admit the turbulence can be severe at times. Krishnan now avoids highfliers such as wireless phone company Qualcomm and net portal Yahoo. I call them Maalox stocks, because when you see them go up and down so much in one day, you had better have a bottle of Maalox next to you.