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To: H James Morris who wrote (114632)	1/6/2001 2:53:47 PM
From: marginmike	Respond to of 164685

I know how you feel. I sold UNPH at 106 and EXDS at 83 before they really took off. We wont even mention the SUNW at 50. I made 100-150% profits on all of them. Watched millions in potential profit fly by. THEN crash! HO HO HO.

To: H James Morris who wrote (114632)	1/6/2001 2:54:53 PM
From: marginmike	Read Replies (1) \| Respond to of 164685

I know how you feel. I sold UNPH at 106 and EXDS at 83 before they really took off. We wont even mention the SUNW at 50. I made 100-150% profits on all of them. Watched millions in potential profit fly by. THEN crash! HO HO HO.

To: H James Morris who wrote (114632)	1/6/2001 5:10:28 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164685

In 98 I missed most of the mania because of what I considered to be crazy valuations. Then I read an article by Adam Lashinsky who writes for Fortune and Thestreet.com. Who I think is one smart SOB. James, You were not along in missing out on the mania. Many made many millions and I suppose one could have thrown a dart and gone on margin and made tons. It was even worse to be on the short side as you know. I wish I could find the article now, but he went on the describe the up-coming B2B mania. And that's exactly what he said it was going to be. So I jumped in with reckless abandon. I told my brokers if its got B2B in it buy it! I went after every B2B IPO I could get my hands on!! It was a mania. Recall VERT and others. Maybe all of them. So I started selling and they still kept going up!!. I felt like an idiot for selling too early. I look at the B2B prices today. I'm very happy.:-) Agreed 100%. The question now is valuation of those with a real good business model. Does the mania still exist or are we getting realistic? There is a need for this product. And no I do not believe it has unlimited potential<G> I do not believe anything has unlimited potential. By my old standards, the B2Bs are still pricy. That would go for CSCO too but I do believe the market will permit some excesses compared to my early years in the market. I really am not sure but am willing to take that chance. I am "bothered" by the number of people that somehow believe they can make a living off the market. I am not referring to those that already have enough money for the rest of their lives. I am referring to the younger (mid 20s to mid 50s) with a net worth of $1 million. It is my opinion that $1 million net worth is not adequate for most people to retire at the current cost of living and I doubt one can count on continued gains as a source of income.