Some Investors and Stock Analysts Argued That the Increases in the Stock

Some investors and stock analysts argued that the increases in the stock prices of many Internet companies between 1995 and 2000 were justified by fundamentals. This means that:

A) they recognized the potential of the Internet.
B) these companies were sure to make profits long into the future.
C) the purchase of those stocks at high prices were justified.
D) all of the above