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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Lucretius who wrote (57160)8/18/1999 7:50:00 PM
From: pater tenebrarum  Read Replies (2) of 86076
 
did you see Tice tonight on CNBC? he still hasn't understood how undervalued the internet stocks really are. he kept on talking about profits and other outmoded concepts. he also mentioned minuscule revenues and 'pyramid schemes', the man is completely caught up in old era thinking. does he really think they're not a screaming buy here, like the other guy said? seriously, they have come back from 50% declines EVERY time in the past, so why should this time be different? already the hyping has started with Blodget and a few others upgrading the whole bunch. i fully expect other brokers to jump on the bandwagon and initiate a veritable tout-fest over the coming weeks. reason, caution and fear will all be taking a well deserved vacation and the sector will be bid up to new highs. name all the good reasons you can think of why it should not be so.
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