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Technology Stocks : Lycos (LCOS)

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To: William T. Katz who wrote (45)2/24/1997 6:05:00 PM
From: William T. Katz   of 53
 
With this kind of revenue, LCOS trades at something like 20 times estimated annual revenues (not earnings) ... Why is this stock still going up? It is third best among yahoo, excite, and lycos and it is not even profitable yet has over a quarter billion market cap!

Do people think all the ad money is going to the search engines? Maybe yahoo .. maybe some leftovers to excite .. but lycos? The real content providers will garner the ads ... places like Silicon Investor :)
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