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Technology Stocks : MindSpring Enterprises (MSPG) Another ISP.

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To: Ultimate Investor who wrote (303)7/21/1998 12:35:00 AM
From: BUYandHOLD  Read Replies (1) of 1434
 
Ultimate

It is difficult to argue against your reasoning. For months I've watched these "web-based" stocks climb 400,600 even 1200%, all the while standing on the sidelines using the same arguments you have used above. For some reason they seem to continuing higher! I am beginning to wonder whether they are ever going to crash at all!

And analysts seem to have gone nuts too. Take AOL for example. With standard valuation maybe $15-20, so what does Paine Webber say about that? $165 target!!

www4.techstocks.com

news.com

Even Buffett is flabbergasted!

Good investing

B&H
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