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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Mark Catalano who wrote (81)2/23/1998 9:26:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 4634
 
<<The cable internet wave is slowing coming and when ATHM gets the
market, it will explode like wild flowers>>

Really? Then why are you paying $4 Billion for it now? Do you have a crystal ball?

What will happen if market acceptance isn't as rapid or widespread as predicted? What if there are delays in rollout? What happens if costs skyrocket or there is a problem due to new regulations, etc. etc. etc.

You see...that's why I only buy stocks with revenues, earnings and a proven business plan.

Because I'm an idiot.



To: Mark Catalano who wrote (81)2/23/1998 11:02:00 PM
From: CatLady  Respond to of 4634
 
<<" like wild flowers ">> AMZN, YHOO, ATHM ???

Look like tulips to me.

CL