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Technology Stocks : MindSpring Enterprises (MSPG) Another ISP.
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To: jeric202 who wrote (399)7/31/1998 1:55:00 PM
From: Mark S.  Read Replies (1) of 1434
 
18.50 is that your option call, that would explain. however, who has stated that the stock should appreciate. mspg has already appreciated. i seeing an overvaluation right now until they get more basis under their belt. the multiples aren't making too much sense right now considering the potential competition down the road. there situation is much different than aol's was in the early stages. i believe a lot of the recent growth was hype due to the past performance on like companies like aol. i'm not suggesting that mspg is not solid, now - just overvalued. this isn't blackjack and betting on the potential future can cause short term disappointments.
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