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Technology Stocks : NetUSA Inc (NTSA)

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To: a. paisley who wrote (9)12/30/1998 8:25:00 AM
From: GARY P GROBBEL  Read Replies (1) of 23
 
AP...no question a lot of inet and inet related stocks are up...some up to dizzying heights. I have never seen anything quite like this. Propelling the frenzy is dawning realization that trillions of dollars are at stake down the road and almost any company selling anything can play.
So one can obviously make money in this environment but I think you are right on taking profits...altho almost everything I sell keeps moving after I sell it. BUT...better to have some profit than none.

I am concerned about the overall stampede into inet stocks and I wonder if folks really know what they are buying...or if they even care. At some juncture this mania will at a minimum quiet down and I hope investors know what they have in their portfolio...there is a potential here for severe damage when the music stops and people look at their stocks...and wonder what all those symbols are and why they bot the company in the first place.

There is always a day of reckoning...
gpg
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