DoubleClick Inc (DCLK) Message Board

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Technology Stocks : DoubleClick Inc (DCLK)

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To: Mitch Vine who wrote (914)	3/19/1999 5:51:00 PM
From: dabadabadoo	Read Replies (1) of 2902

Mitch - the current period in the evolution of inet stocks is the gold rush mentality period. momentum, the greater fool theory, analysts' buy/sell calls are what is driving this and many other stocks; more so those that are negative in revenue, not to mention profits. substantial revenue earned in the last Q is terrific; projections made during the gold rush are i believe, frankly, irrelevent. not until (evolution phase 2)institutionals get into this game in force will the standard measures of value and worth affect the stock price and your multi year projections take on relevance. that's my take in a nutshell. DCLK has revenue and the #1 market share position. i believe they are the only facts in play here. throw in the above gold rush "attributes" and that is what is driving this surge. check my earlier posts where i was ranting that when i took a fundamentals approach on this stock ii figured it was worth 90, but my greed allowed me to hand on 116 where i sold out because i no longer could see a price rise! Excuse me now while i decide how i'm gonna spend my $1200 in paper profits that i made in the last 30 minutes of trading today merely by going with the momentum. see you on the board....

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