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Technology Stocks : USWeb (USWB)

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To: Eric.sun who wrote (1072)7/29/1999 4:07:00 PM
From: Alok Sinha  Read Replies (2) of 1188
 
Eric,
I think you are getting rather despondent with respect to this stock. I bought some more today at 20.5. From the little that I know about the company, I think that this is one of the safer ways to play the Net. Also the valuation is reasonable so any downside will be limited if the the tech market corrects big time. If it goes in the teens, I will buy more. Remember, strong tech companies (i.e., those with with real revenues) that are not appropriately valued by the investment community end up getting bought out by larger tech firms that are in a better position to assess value.

Regards

Alok
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