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Technology Stocks : NETJ - netbanx.com

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To: Wayne Rumball who wrote (14)2/2/2000 6:26:00 PM
From: Steve Horwitz  Read Replies (1) of 16
 
Wayne should give credit where credit is due. Despite there being no quotation marks around his send-up of NETJ, he's lifted the entire piece from Bloomberg, where Mike Lewis, the gifted author of Liars Poker and other books has written these words.
The larger issue is not this farce company, but the many other net companies that haven't a fixed business goal, just the wherewithall to attract capital and then blow it on advertising campaigns and extravagant debut parties.
I see that Amazon has just reported even bigger losses than expected for the quarter--hey, revenues are rising and that's cool, isn't it?
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