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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: MythMan who wrote (80072)12/16/1999 6:19:00 PM
From: KeepItSimple  Read Replies (1) of 86076
 
>I'll bet 70% of those pos's have no earnings easy..

Once you take away phony banner-swap revenue, and interest income, i don't believe there is a single internet play besides AOL that has actually made a single dime.

Even AOL still has around 500 million in accumulated tax-loss carryforwards. So technically, they've never made a dime either.

The only guys we know have made a profit are Intel and Microsoft. Cisco used to, but these days the vast majority of their profits come through aquisition related write-offs, so there's no way to tell anymore.

Well, also, the porn websites make cash hand over fist, which is why none of them have bothered to IPO.
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