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Technology Stocks : Healtheon Corporation (HLTH)
HLTH 0.1200.0%Sep 10 5:00 PM EST

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To: JC Reddy who wrote (102)5/19/1999 7:53:00 PM
From: FR1  Read Replies (2) of 861
 
You don't have to be smart about it. I'd invest my money in HLTH at $16 when it is trading at $80.

JC, you seem to be one of these guys that hang out on a thread, have nothing significant to say and fill the air with bear talk based on nothing. You are either short (most likely) or just wasting time. Why hang out at a place where a stock worth only $16 to you is selling for $70?

You talk about fundamentals when anyone (even you) know that fundamentals do not apply to these types of stocks. Fundamentals are based on knowing the market. You can do fundamentals on Ford because the market is known. You cannot do fundamentals on the Internet because the market is not known. We are just starting to create the Internet market now. If you can prove you know the fundamentals of a market that does not yet exist you would get the Nobel Prize.

People are investing in businesses that they feel will be the market leaders in different sectors of the Internet as it grows. HLTH + WebMD and the backing of deep pockets is a good bet. The combined businesses are better than any other in the field.

Hey, I'm watching CNBC right now and they just said the same thing.
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