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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 695.49+0.4%Jan 27 4:00 PM EST

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To: bearshark who wrote (36153)12/29/1999 12:34:00 PM
From: pater tenebrarum  Read Replies (1) of 99985
 
bearshark, these b2b internet middlemen (heck i'm long one of those myself...it's losing money hand over fist, so it's guaranteed to make me some...) are extremely overrated. after all, why would companies that have done business with their suppliers for an eternity all of a sudden go and pay a middleman for the very same business? sure, there will be lots of transactions done over the internet...only who's really going to make money from that? as everything connected with the net there's loads of hype you have to dig through before arriving at something resembling the truth. the main beneficiaries of the internet's promise so far are the insiders selling their inflated stock to the public. insider sales at the best known internet names run in multiples of their revenues. obviously the insiders know something that the WS analysts have collectively missed, or why would they sell with such abandon? a ponzi scheme of giant proportions is what this is...

hb
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