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Technology Stocks : FreeMarkets Inc-(FMKT) -- Ignore unavailable to you. Want to Upgrade?

To: SgtPepper who wrote (336)	5/4/2000 8:08:00 AM
From: wooden_nickel_2000	Respond to of 414

With all the hype and misinformation surrounding this stock (FMKT) you could be right. Perhaps it will go to $100 in the next few weeks. But, as the true nature of FMKT is more and more widely understood, it will drift to it's real valuation, which, in my opinion, is more like $5.

To: SgtPepper who wrote (336)	5/4/2000 11:36:00 AM
From: Islander	Read Replies (1) \| Respond to of 414

Sgt. Pepper.have you been seeing Lucy in the Sky? >> The stronger this stock and the market look<<< What looks strong here? We are in a rally off a severe downturn - this is very conceivably a Bear rally and bound to fall again..As for FMKT this stock is transparent; it is nothing. There is an interesting read about John Law and the Mississippi scheme in 1710. Law convinced the Regent of France to issue bonds and paper currency backed only by the promises of the scheme. For a couple of years, the economy of the nation flourished, I mean really flourished - beyond the wildest imaginations of even the nuttiest of net maniacs - and the value of Law's paper went to the moon - and then suddenly everyone realized that perhaps these promises had no basis in reality. CRASH! The nation was economically ruined and Law fled for his life. This is true history and in no way comparable to today's overall economy; but comparable to a segment of the net bubble economy and companies such as FMKT. Don't be ruined by empty promises. FMKT has nothing of value. Regards.