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To: Bill Harmond who wrote (69310)	7/24/1999 2:12:00 AM
From: Jeff Dryer	Read Replies (1) \| Respond to of 164684

From CBS MarketWatch article: Son on Monday told an audience of 500 or so Internet executives that he expected the growth of Internet companies, and their stock market valuations in the United States and Japan, to keep rising. "Many people believe there is an Internet bubble, but it is only 10 percent of the PC market cap," he said about the stock market value of personal computer makers. Can you explain the "10 percent" comment? "We have a very international group of companies and we would like to grow even faster," said Son, who predicted that returns for Internet investors will run as high as 1,000 percent in the next several years. I'm not drinking the cool-aide. Is it responsible to shape investors expectations for 1,000 percent appreciation? Is it fair to the general investing public? Isn't that who the comments are targeted at? In a previous life (I think it was), good investment advice was telling people to expect 8 - 10% annual return on stock investments... and a little more return for extra risk taking. 1,000 percent? Do you think it's enjoyable for me to question everything? It's hard to sleep if I don't. What a joke of a World we live in (is what I sometimes think). and to the previous post, I was talking about net profit margins, not operating profits.