currently trading at $4.53, down from their $17.00 IPO price. We are forced to accede to the most logical and rational valuation methods; otherwise, there is no structure to making investment decisions. For every Amazon, there are several Vonages. Despite what some market watchers say, the old world method of valuing companies is still the best way of valuing companies. I suppose it's true that Christopher Columbus made a great discovery by sailing the wrong way around the earth trying to find India. Here is a case where somebody happened upon great success based on incorrect data and methods. However, investors placing their bets on tech companies without basic fundamentals are more likely to resemble Ponce de Leon: map-less and looking hopelessly for the Fountain of Youth. The opinions expressed in this commentary are solely those of Brian Hamilton.