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To: Sam Sara who wrote (66174)	7/3/1999 9:07:00 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

> My thought turn to where the net money will "rotate into" after earnings season. > Back into cyclicals again? That's the 64 million dollar question. And the answer is painfully obvious- we'll start the cycle all over again with a new round of worthless internut stocks that don't have massive floats. In other words, any internut IPO you can find. (as evidenced by the action in AskJeeves, among others) So, the moral of the story is clear. If you want to make some fast cash, don't bother with AOL or Yahoo. Find a low float internet stock that hasn't been around long enough to have had 4 splits, and hasnt been around long enough for insiders to have been dumping millions of shares.. That's what I plan to do come tuesday morning. Remember, the current "blue chip" internut stocks had nothing going for them in the beginning, either. They acheived their blue chip status ENTIRELY through their mania-capitalizations. Their inflated stock then allowed those companies to start buying other companies, and to float secondaries for real cash. It is very startling once you think about it. These companies are literally being pulled out of thin air- based on wherever the daytrading hordes decide to park their cash. If they decide to park their cash on Company X, then company X will have funds to become a real company. Does anyone know what financial model this is reflecting? It seems the stock market is now more of a popularity contest, with the winners getting enough "public venture capital" to destroy other businesses that weren't fortunate enough to get this free money..