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Strategies & Market Trends : Gorilla Game Investing in the eWorld

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To: Poet who wrote (589)11/9/1999 4:53:00 PM
From: jay silberman  Read Replies (1) of 1817
 
Intriguing possibilities, yes, but that's pretty much all they are at this point. Yes, they've lined up some great customers, but B2B and internet infrastructure cos have become the new 'internuts'. Think about the earnings they'll need to justify their market cap; i.e. the great AMZN scam. I'm not trying to pass judgement, just pointing out the prevailing truth. For example, I'm not normally a daytrader, but when I saw NETP and BWEB announce some 'news' (plus a copy of hype-job articles on push technology) last nite, it was obvious that they would be the next mo-mo du jour. Sure enuf, they were both up ~50% today. Ridiculous, yes; did I hold my nose and buy them - damn right.

jay
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