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Pastimes : Ask Mohan about the Market

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To: S. M. SAIFEE who wrote (17119)11/20/1998 2:33:00 PM
From: space cadet  Read Replies (1) of 18056
 
Unfortunately, the entire internet universe, though maybe 3 times bigger than last year, is still pretty small in the scheme of things. That's why these stocks can fly like this. So as a percentage of the entire market it is still pretty small, smaller than msft or intel, for example. By next year if they continue tripling, then your argument could be valid.
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