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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: Sarkie who wrote (9533)	7/12/1999 9:51:00 PM
From: PhantomTrader	Respond to of 28311

I read the article, it was great!! I'll post part of it for Typhoon "the sky is falling"!! ********************** WashingtonPost.com The wariness traditional investors have of buying eBay, or other successful Internet stocks, is that the earnings expectations as reflected in the stock price (the P/E ratio) are staggering. This is the genesis of the notion of Internet stocks as "bubbles." But in the view of millions of investors, including big institutional investors, the expectations for a company such as eBay are not unrealistic in light of the fees being generated by auctions (probably $20 million this year) and by the number of people who haven't even sampled them but probably will. ********************** WashingtonPost.com PT