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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Mark Catalano who wrote (81)2/23/1998 9:26:00 PM
From: Bill Wexler  Read Replies (1) of 4634
 
<<The cable internet wave is slowing coming and when ATHM gets the
market, it will explode like wild flowers>>

Really? Then why are you paying $4 Billion for it now? Do you have a crystal ball?

What will happen if market acceptance isn't as rapid or widespread as predicted? What if there are delays in rollout? What happens if costs skyrocket or there is a problem due to new regulations, etc. etc. etc.

You see...that's why I only buy stocks with revenues, earnings and a proven business plan.

Because I'm an idiot.
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