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

To: Hank Stamper who wrote (7343)	7/30/1999 11:28:00 PM
From: Hank Stamper	Respond to of 15132

Further to my previous point, I picked this off a list serve to which I belong. (I believe it to be a 'real' quote but cannot vouch for its authenticity.) --------------------- Michael Bloomberg, perhaps the saviest provider of news and data for Wall Street, and a self-made billionaire, told "Yahoo! Internet Life" "I'm in the news business, so I don't own any stocks whatever. But if I did, I wouldn't have any Internet stocks. I don't have the guts to own them. People with a lot more courage than I have are the ones buying them ... Fads come and go. Now it's Internet stocks, and everyone wants to be in on the ground floor. In 1981, there were 28 or 29 computer manufacturers that were or went public. Their stocks traded at phenomenal prices. Out of the 28 or 29 companies, two are still in business and neither is the biggest. The two biggest computer manufacturers weren't even formed then. Will the Internet companies be around in 10 and 20 years?" -------------- Ciao, David Todtman