Purchasepro.com Inc. (PPRO) Message Board

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Technology Stocks : Purchasepro.com Inc. (PPRO)

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To: $Mogul who wrote (49)	9/27/1999 4:02:00 PM
From: Kevin McKenzie	Read Replies (1) of 748

I'm awake. I didn't say I'm not buying the stock. I just think its funny to see how people rationalize why a stock is moving. Some on this thread are talking about forward looking earnings growth. I was just curious as to whether those people had any solid revenue/earnings estimate numbers. PPRO is moving because it's in a sector that's being traded. There's no way a stock that has $2 million in sales is worth almost a billion dollars . . . regardless of its prospects. I've traded PPRO several times today for decent gains, but I'm not kidding myself with delusions that this stock has solid fundamentals. Just look at the etail sector. Those stocks were being talked about (and bid up) with the same fervor as BtoB stocks are now. Look at what's happened to them. Good luck on your trading. Thanks for the wake up call.

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