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To: VeloSpeed who wrote (1804)8/15/1999 7:13:00 PM
From: ciVic  Respond to of 2419
 
Maybe we can get some CNBC coverage on Monday. that would be sweet!!

ciV



To: VeloSpeed who wrote (1804)8/15/1999 8:19:00 PM
From: AJ Berger  Read Replies (1) | Respond to of 2419
 
Just to put things in perspective

both Etrade/Telebank and Netbank
are more than 60% off recent highs.
Netbank is actually trading at a
P/E of 75 right now, no where near
the 'overvaluation' you'd expect
from an internet based company.
(Telebank also offers brokerage)

Etrade/Telebank continue to grow
while still in the red. Over the
weekend press was pretty bearish
against the internet sector, and
what's going on with RedHat only
illustrates the madness of crowds.

I worry a lot more people will be
taking their money and running come
tomorrow, even if the markets up.
Amazing how sentiment can change
so quickly. Only a month ago we
would have been in the $20's by now.