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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Allan Harris who wrote (5603)6/4/1999 5:03:00 PM
From: Justa Werkenstiff  Read Replies (3) of 15132
 
Alan: You made some good money on your nets and Bob would be the first to congratulate you. BUT you bought BEFORE the big run. Nice move. BUT Brinker's purpose in criticizing the nets, in part, is to make sure the clueless listeners don't get caught up in the hype and buy at the TOP and get CLOCKED. I saw just part of the CNBC Memorial Day special, and all I saw was people from the audience asking about the nets and easy money. Brinker is talking to those clueless in his general audience in a manner to keep them from making a foolish mistake with their hard earned money.

So re: " I fully expect that The B-Man will comment this weekend on the Internet Daytraders and Gunslingers crying in their milk, beer, ginger ale, or whatever, over the weakness in the net stocks over the past month or so."

I say do whatever it takes, B - Man. BUT please recall that Brinker has never to my recollection criticized or ridiculed any caller who held net stocks and called with a question, except for maybe Tony who deserved it.

AND Brinker is right when he says value always rules in the end. So it is with the nets. There will be some winners but most will be losers just like in the biotech craze. THERE IS NO DIFFERENCE BETWEEN THE BIOTECHS AND THE INTERNETS. The only difference is the subject matter.
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