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To: Oeconomicus who wrote (7263)2/10/1998 10:58:00 AM
From: yard_man  Respond to of 27307
 
You're very persuasive. You're right, the churn rate is key. If it is as high as some people suspect -- this could be the death knell. I was just agreeing with the other fellow concerning whether people would switch.

Question is: Why isn't this raising a red flag with "investors?" If they have to raise prices by 10% the ad stream just isn't ramping up any where near as fast as the stock price has in the last 6 months or so. It's just trading - there's no rational future potential that can justify the run-up in price for either one of these stocks.

That said, longs with the guts to hold for a while have racked up some impressive gains.