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Technology Stocks : Internet Guru Discussion

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To: steve harmon - analyst who wrote (3940)	1/20/2000 3:21:00 AM
From: Puck	of 4337

Epinions made the cover of NY Times Magazine last summer as a reporter followed its light-speed genesis beginning four months before the story appeared in an attempt to capture the zeitgeist of this internet enabled capitalistic age. Epinions business plan called for it being fully functional by the past holiday season to capitalize on the seasonal boom time for consumer spending. The author concluded the article on a skeptical note that any company should be put together so quickly with investor support without its founders first having attempted to answer the question of whether or not there were a truly viable market for it's product, for everything about the reasoning for Epinions creation smacked of knee-jerk, solipsistic daydreaming by some impetuously ambitious entrepreneur programmers. The reporter crystalized this thought with the concluding phrase: ready, fire, aim. I have heard nothing about them since; although I did check and saw that they do have a functioning web site. What do you think is in store for their future? Success?

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