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To: Lizzie Tudor who wrote (37382)	4/29/1999 7:22:00 PM
From: J. P.	Read Replies (1) of 86076

Sounds like a rational approach. For some reason, Priceline.com's mere existance is an affront to me -g- I mean who the heck wants to haggle for tickets to save a couple of bucks? And is that really worth 18 BILLION? But I will admit to making a small fortune on Yahoo and a larger fortune on AOL which I recently sold. My strategy? I liked the general market setup and bought and held Yahoo until 1st quarter earnings, then sold AOL when I thought we were set up for a BK in early April. I'm of the personal opinion that internut stocks will never again trade like they presently do after we have some kind of severe market shakeout. I agree the market potential may be exponentially larger than what it is now, but the market caps one day will be held to more traditional metrics of valuation. But I've been wrong so many times I lost count years ago -g-

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