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To: H James Morris who wrote (119848)3/9/2001 12:44:17 PM
From: Skeeter Bug  Read Replies (2) | Respond to of 164684
 
>>Easy funding for Internet start-ups contributed to the high valuations enjoyed by dot-coms in the last couple years, but the sector got overcapitalized and expectations got ahead of reality, Blodget said.<<

ok, blodgett, you are only 3 years late in coming to realize this...

>>"Hopes for a second-half recovery may not be what they were not so long ago," Meeker said in the note. "When will we have catalysts that boost the stocks of the companies that execute? These catalysts don't appear to be on the near-term horizon."<<

mary, mary, quite contrary... 2nd half recovery? when did these net businesses recover anything?

hjm, these clowns keep their job b/c they their job isn't what you think it is. their job is to distribute shares to the public at the highest possible price.

i'll never forget when my broker suggested i buy a company. great deal, he said. i bought (his company sold - wtf is wrong with that picture?) and lost some dough. don't use 'em any more and my lesson was learned.