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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (37531)	11/26/1998 1:50:00 AM
From: The Perfect Hedge	Read Replies (2) of 132070

MB and All- Did you see the PBS show last night.."The History of the Internet." It was amazing.The growth is so astounding and many amazing stories about nasty greedy venture capitalists were told....The hatching of XCIT,NETSCAPE,SUNW,MSFT,CSCO(the best vc story...the owners were fired and sold their shares immediately when the co had a mkt cap of 1 billion!!they still collected 100 mill but missed out on about 18 billion!)AMZN(I almost started to think that AMZN's valuation is justifiable!)and many others.... One of the guys said we are just starting the internet revolution and was comparing it to the revolution of the automobile....he said we are in the first few seconds after the big bang.....do you agree?What will stop this growth?why won't amzn be a huge winner?Do you ever think of buying one of these internet ipo's?Am I naive?! Start throwing stones everybody! B*

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