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To: Glenn D. Rudolph who wrote (94205)2/20/2000 7:37:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
No, not at all. In the advanced-degree case and in Amazon's case there are deliberate outlays and a deliberate delay of earnings in order to maximize earnings and competitive position in the long run.

It's a reasonable parallel. Of course, some parents might argue that the student is a loser, a burden, and a lousy model!



To: Glenn D. Rudolph who wrote (94205)2/20/2000 8:26:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
Glenn, I need Mary Meekers help! Where in the hell is she?
>Morgan Stanley Dean Witter analyst Mary Meeker "did it for AOL when the stock was on its bumpkin last summer," Foster added. "She needs to step up to the plate here and say 'everything is fine.' Credit Suisse First Boston and the rest of them will follow and that's the way to look at it."


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