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To: James Thompson who wrote (12656)	8/20/1999 9:54:00 PM
From: Stephen M. DeMoss	Respond to of 19700

It is interesting reading. However, all of us involved in the internet stocks understand risk and reward. It is a risk to be in all internet stocks because of the volitility and changing needs & competition on the net. However, the reward is potentially much greater in such stocks versus more traditional plays. This man's view is valid except when he again compares net stocks to traditional valuations. Risk & reward. If you stay away from margin and buy at these levels, you likely will be rewarded. If you use options, I suggest leaps. Thanks again for the post! Steve D.