Netscape -- Giant Killer or Flash in the Pan? Message Board

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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?

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To: MIKenn who wrote (3620)	7/2/1998 8:35:00 AM
From: Larry S.	of 4903

PE's do not pertain to internet stocks. I absolutely agree. Are they overvalued? Of course. Are they good buys? I think that a portion of a portfolio in YHOO, AOL, NSCP, SEEK, XCIT, etc makes a lot of sense. Stocks are evaluated based upon future expectations. The internet is the biggest paradigm change that has occurred in a long time. Internet commerce, email, communication, data access is in the beginning of a HUGE movement. The companies that have staked out positions in the new internet age are the companies to own for the future. PEs are measures of past performance. Price is a measure of future expectations. Larrry

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