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Technology Stocks : America On-Line: will it survive ...?

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To: Brian Malloy who wrote (13363)12/31/1998 2:17:00 AM
From: Whiskey  Read Replies (1) of 13594
 
Brian Malloy,

I have to think that the good old boys of wall street have to be pulling there hair out over these internet stocks. What has happened is that people are making money without the infinite wisdom of the wall street gurus. These stocks do not conform to any traditional ways of forecasting value, profit or any factor normally used by the old guard. Consequently these guys or a lot of them have missed the boat and have not invested.

There ploy would be to preach gloom and doom to bring the stock level down to a favorable entry point and then buy. Two weeks later talk the stock back up. A crash in these stocks based on there foreboding releases puts all us non wall street types back in our proper places and leaves us at the feet of our beloved leaders.

Mind you everything with .com is not a winner and this has gotten somewhat out of hand but to there dismay some of these stocks are making money. With there press spoutings they are throwing the baby out with the bath water.

Rather winded tonight. Yall have fun tomorrow.

Whiskey
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