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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook

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To: Life Coach who wrote (2585)3/24/1999 10:39:00 PM
From: Gator   of 8858
 
Who is to say what is "overvalued", with the likes of EBAY and many others, folks are betting on the potential for future earnings, and willing to pay way beyond a companies actual revenues...I was listening to several of the fund guests on CNBC this morning, and they all seem to agree the there is a new breed of investor for the millenium...those that are willing to risk now, for that greater reward down the road...they expect the psychology to continue in light of down or up markets and, well beyond Y2K...

It's a new era in investing, though we will always be long, short, or on the sidelines wishing we had...

With that said, Internet stock valuation are relative...

Regards...Gator

BTW, I do not think folks realize the tremendous potential for revenues from today's announcement...
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