Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (7664)	4/23/1998 10:58:00 AM
From: Oeconomicus	Read Replies (2) of 18691

Roger, Pancho et al, I'm getting really worried now - the bears are piling into the 'net-stock-o'-the-day crowd. GNET had a whopping $609 thousand - yes thousand - of revenues in the March Q. They lost $509 thousand. It has a market value of over $125 million. Have we all gone insane? Perhaps they will have the best group of investment sites in all of cyberspace, but unless they've figured out a way to make some serious money off of it and just haven't told anyone, how can this be a sound investment? Respectfully, Bob PS: FSTW is an entirely different story - no hype, no overinflated valuation, just useful products they can sell for real money. In this morning under $5. Thanks.

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