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Technology Stocks : WCOM

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To: jackrabbit who wrote (6290)4/6/2000 12:43:00 AM
From: el paradisio  Read Replies (1) of 11568
 
Jackrabbit,I agree with the laws of economics.
I would take as an example internet stocks,most of the internet companies are producing higher and higher losses
only to show the higher revenues.They are selling for free
only to get a customer base and having in the perspective
that profits will come later.The best example is YHOO,
how many times you were on YHOO? Did you pay something,no.
Everyting is for free.I've just learned on another thread,
that YHOO reported income of 61ml and taxes they have to pay
for employs options are 285ml. Another words,they did
not bring any income this quarter(.10/shr),they produced
a lot of loses.It came this evening,YHOO after hr is down
ten points.

Regards,El Paradisio
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