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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Math Junkie who wrote (6730)	7/12/1999 12:06:00 PM
From: Chuck Rubin	Read Replies (3) \| Respond to of 15132

That's just it, since the internet is not quantifiable yet, the stocks are not and that's why pricing is and will be at "extremes" and will remain so until the growth limits of the world wide web can be seen. Internet stocks are a special breed, pioneering stocks. IMO, you don't determine these stocks by valuation standards, but by who is going to be the biggest guy on the block in the future when e-commerce really kicks in and when the internet reaches a certain level of maturity. A gamble?? Isn't that true with all stock investing?? Internet stocks are a bigger gamble than most others and will, IMO, offer the most reward and risk than anyother investment for the foreseeable future. On the internet stocks you take action that feels comfortable for you....but again, valuation isn't driving these stocks now, it is market share and who is going to be dominant on the net. These stocks will have ups and downs like any other stocks, but for different reasons and at more extreme levels. Chuckr