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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread

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To: lazarre who wrote (721)4/4/1999 11:04:00 AM
From: Mark[ox5]   of 779
 
Laz... I no doubt that internet mania have/will continue to hit such companies as AHWY or InterVU... but really they are jokes compared to BCST

InterVu 1998 revenue was....... 1.71 Million

AHWY 1998 revenue was...... 0.14 Million.... yes, 140,000

Now, I know people will be trumpeting out... 9000% revenue growth and absurb numbers like that, but its not hard to have 10,000% revenue growth on $140K in this niche.

I mean in this internet sectors there are "ridiculous" valuations... and then we have "REALLY ridiculous" valuations... Im going to stick to the "ridiculous" companies for now... and stay away from the the ones that if your not watching every minute you can lose 40% in 30 minutes once the daytraders leave...

Aside from RNWK, anything else in this arena is a daytrade based on big news (such as BCST/YHOO merger)

In my opinion only....

Mark
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