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Technology Stocks : INTERNET MANIA! Day Trading Net Stocks

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To: ilh1 who wrote (298)11/29/1998 4:57:00 PM
From: Jerry Olson  Read Replies (1) of 1054
 
Hi Clown

I know this company NM, for years..it started in my neck of the woods, near Phila...

it's nothing more than a hype co...did infomercials for years on cable hawking and selling gadgets..

they have NEVER made money...they've lost money in every quarter..in fact they were getting ready to go belly up, as recently as this year..their stock hit a "buck" or so in the summer..

they lost 30-40 million this last 4 quarters...their debt to cash ration is negative 3-1...

and all i'm saying here is, play this stock as nothing more than a hype stock in the frenzy of the internet excitement...

forget all the "potential" revenues...it remains to be seen...the world of net/nuts is getting bigger and wilder as we speak..competion will be interesting...to say the least...a shake out will ocurr swiftly...

i am like you and all who are posting here trying to trade the flux..the MO, the gaff...most of these co's haven't made a dime, and might not no matter what they do...this is all hype...

now the 1st 2nd & 3rd tier internets look very very good..BUT, caveat emptor...lots of spin & hype...not much substance to most of these 4th tier stocks...
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