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Technology Stocks : Interliant, Inc. (INIT) -- Ignore unavailable to you. Want to Upgrade?

To: Steve Smith who wrote (440)	7/26/1999 11:27:00 PM
From: Tom Hua	Read Replies (2) \| Respond to of 1214

I don't think Warren Buffet could have come up with that. Steve, Buffet doesn't own internet stocks. Currently there's no valuation model for internet stocks. So, Rico's "model" is as good as Mary Meekers'. Frankly, it is my narrow simplistic view that 99% of net stocks don't deserve their current market caps. However, they're great trading vehicles. Buy them, hold them for 2 days to two months, and hope the next fool will buy from you at higher prices. Also short a few for added excitement and/or hedging purposes. Regards, Tom