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Technology Stocks : GoTo.com, promising Internet search engine
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To: $Mogul who wrote (804)7/27/2001 9:22:49 AM
From: Ryan Bartholomew  Read Replies (1) of 977
 
Mogul,

You wrote:

"I have had probaly moe winners that are documented then anyone on SI long and short which are documented."

What does this have to do with my comment you were responding to (where I stated that winning companies emerge as a market matures)? Did you misunderstand me or are you just trying to brag? Who cares if you have picked winners - that doesn't change the fact that each company needs to be examined individually because some are destined to lead and others will fail. I won several national investment contests...so what...that has no relevance to my comments about industry shakeouts.

As for your EBITDA rambling... I understand what it is, of course. But I don't understand your point in bringing it up. Are you trying to say that GOTO actually is not profitable? Why dont you read the first few paragraphs of this and then get back to me: biz.yahoo.com

Even if you want me just to yield to you and say that GOTO is not in the black - fine - I will just grant you that and move on because it was not the crux of my argument anyway. FWHT and YHOO are profitable, so just use them and ignore GOTO in my previous post. My point was that some companies are bound to fail and some are bound to succeed, even when "most" companies in the industry are not doing well. Markets need to mature and until they do PE and other ratios are largely useless and misleading.
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