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To: Mad Bomber who wrote (20477)9/21/2000 2:02:35 PM
From: Mark[ox5]  Read Replies (1) | Respond to of 21342
 
YEs and 95% of them turned into Dr Koop.com

Thats not a good way to rationalize valuation... just because other companies are valued in excess, doesnt mean this should be.

THere were a lot of dot.com's valued at $5-$10 billion 12-28 months ago, many now are under $500 million. So this is a ridiculous arguement:

Many internet companies have gone over a billion with little revenue and negative profits

Most "internet" companies were/are pure junk and hype and just because the market afforded them premium valuations during a tulip mania, (and has since corrected the vast majority of them) I would not use that as a reason to pump up the valuation of other stocks because of "internet affiliation"