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Technology Stocks : Theglobe.com [TGLO]
TGLO 0.300-6.2%10:06 AM EST

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To: Francis Gaskins who started this subject10/2/2000 3:12:34 PM
From: michel ciambra  Read Replies (1) of 501
 
Why is everyone so surprised that a stock brought by a couple of average kids has done so badly? Paternik et al have no operational experience at all, in fact they have no experience whatsoever, so once they "fired", things should have looked better. However, the advertising model for the internet is now "old Hat" and i fear this stock has died, regardless of what some of their bigger investors think. However, i wonder whether its not worth a small punt at this price. Does anybody trust the numbers they release as being accurate? Can i regard their book value as accurate?
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