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To: Bill Harmond who wrote (79439)	10/3/1999 2:55:00 AM
From: GST	Read Replies (1) \| Respond to of 164684

Willaim <overbuilt, cross-owned on margin, and operating full-tilt but only near break-even.> you mean net stocks? <g> Oh ya, net stocks are nowhere near break even <vbg> -- there can't be any similarity.

To: Bill Harmond who wrote (79439)	10/3/1999 3:47:00 AM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

>Plus Japan Inc was overbuilt, cross-owned on margin, and operating >full-tilt but only near break-even. Sounds like the majority of internut stocks. Kleiner Perkins owns them all, buys other stillborn kleiner perkins companies with billions in stock, and throws some of their IPO wealth back into the bottom line of those companies through bogus advertising deals in order to generate fake revenue streams to keep wall street fooled long enough to move onto the next scam, er.. IPO, before joe six pack realizes he has been robbed and left holding the bag. All this while burning through hundreds of millions of dollars they aren't making a profit. They don't call silicon valley a keiretsu for nothing. I prefer the term "largest engineered financial fraud in history" myself. It has a nice ring to it.