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Technology Stocks : Phone.com [PHCM] -- Ignore unavailable to you. Want to Upgrade?

To: Mark Oliver who wrote (348)	8/26/1999 1:39:00 AM
From: pat mudge	Read Replies (3) \| Respond to of 1080

Mark -- I appreciate Lionel's comments. The debate regarding stock movement has little or nothing to do with PHCM as a company. You can't use logic in an illogical situation and I believe this is what Lionel and others are trying to say. I, for one, appreciate the words of caution. Someone will be the last one on the train before the stock corrects. Pull up a chart of AOL over the last 3 years if you want a roadmap for what will eventually happen. Now, by saying this, I'm not blasting the company. Far from it. I've followed it since long before it was public. I believe in its technology and will one day be a shareholder. But I'll wait for sanity to return. My 2 cents. Pat

To: Mark Oliver who wrote (348)	8/26/1999 10:00:00 PM
From: Lionel Parker Perkins III	Respond to of 1080

Mark, I do not agree with you. I don't care how fantastic a company may be, it's stock will not go up for ever. I have seen it often, when ebay hit 100, it will still go up, then 150, then 200, then 234 and all the way back down to the 70,s untill it has now back in the 120-130 area. Wall St. has no idea how to value these companies, you tell me what companies will be around in two years on the net and I'll call you a genius. As for PHCM, I don't believe the product will be as great as people think, getting the service looks expensive, and competition will come in and make there earnings tougher to hit. This company is still bleeding money and yet to prove themselves and with the quick runup I felt it was a good short. I was right but at the wrong price level. Lots of fun to argue the points of these stocks.