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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Dan Ross who wrote (2442)2/6/1998 10:30:00 PM
From: Oeconomicus  Read Replies (1) of 18691
 
THE ISP BUSINESS at $19.95 will never be profitable.....

It is now! News bulletin Dan - MindSpring makes money.

Anyone who invests in an ISP is an IDIOT....

I confess; I must be an idiot. Not for buying MSPG at $9 though. Rather, for selling it at $21.

Now, I can't say that I'd buy any business at north of $1000 per $20-25/mo. customer or at a 50 forward PE, but if the ISP business really sucks as you say, how do you explain their profitability? Remember, an overpriced stock and a bad business model are not the same thing.

Regards,
Bob
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