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Technology Stocks : E Loan Inc -EELN

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To: Mr. Tomatohead who wrote (260)7/9/1999 4:24:00 PM
From: George Gotch  Read Replies (1) of 817
 
Mr.SauceHead..There is a big difference between and ebay and yhoo than these deals. Look at where they were in the cycle of the net when they went public. They were fairly established as the leaders in those fields. Of which, a field that was unique without a traditional business that competed in that way. Now companies that are pure start-ups with no record at all are being pushed as the next Yhoo or Ebay. That is pure market bubble mentality. Look at where the net was when Yhoo and Ebay started and where some of these other issues are in that relation. There was no competition back then, now the gig is out and everyone and his brother is doing it. So with each one of these deals going public, there are 50 co's to competet with cut-throat pricing with them.
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