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Technology Stocks : Internet Guru Discussion

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To: B. A. Marlow who wrote (320)	2/21/1999 10:02:00 AM
From: wlheatmoon	Read Replies (2) of 4337

My only beef with EGRP is that it is a hyped stock. There is no rationality to its valuation. It is way overpriced by any measure. I know you'll give me the argument that the nets need to be looked at in a different light. That doesn't jive. Eventually, it all comes down to the same thing--value. You may say, well, the stock will run up another 500% before anyone realize that there is not a reasonable value, but I am not willing to put my money into that type of investment vehicle. If I wanted to play lottery, I would buy a ticket. In the meantime, what's your proposal for EGRP's value? ML may be a dinosaur, but they're a rich dinosaur. The dinosaurs will be available online for the folks who want that capability. Tough technology? Give me a break, they can certain buy or hire the appropriate people to run the technology. Besides, if making money on the net is darn near impossible, why would you buy EGRP? mike

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