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To: Giordano Bruno who wrote (74094)11/7/1999 10:33:00 PM
From: Ken98  Read Replies (1) | Respond to of 86076
 
<< "People are buying Internet stocks as if they're Beanie babies.">>

LOL. Most of the internet stocks are worth about as much too.

Seriously though, the analogy is not misplaced. What other measure of value do you have for a company that is not making ANY profits and stands a good chance of going bankrupt within a couple of years? Or, in the case of beanie babies, what measure of value do you put on a bag of plastic pellets wrapped in polyester?

Answer - whatever some other fool is willing pay. Just don't be left without a chair when the music stops.....