The David Lin Report · Monday, September 28, 2026
An observer notes that the market appears to be prioritizing companies with high valuations based on future promise, rather than current profitability, citing Nvidia's growth and Cisco's historical stock performance as examples. This trend rewards 'transformation technology' over established fundamentals.
“I've noticed this is just my personal observation that the market has rewarded companies that promise hope and, uh, not currently profitable but multi-billion dollar valuations.”
“The market doesn't reward old technology. It rewards the promise of transformation technology, even if the underlying fundamentals of the company aren't there.”