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Politics : Idea Of The Day

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To: Jerry Olson who wrote (17917)4/13/1998 7:01:00 PM
From: Judy  Read Replies (2) of 50167
 
Hi, sweets

Just managed to log onto SI, had problems earlier.

No need to throw darts at internet stocks, just find a good entry into CMGI. Wow.

XCIT running up for earnings, market is expecting another YHOO. I've seen various posts on overvaluation of internet stocks ... yada yada yada. The simple fact is the business paradigm and model is not yet unquantifiable ... if one cannot place a valuation or PE, then it makes no sense to say that the PE is insane or reasonable.

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