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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (8563)	3/6/1998 2:44:00 PM
From: Harry Larson	Respond to of 13594

What yer up against is portfolio managers whose "depth" of analysis and reasoning is like this in today's IBD quoting manager of Berger Small Company Growth: "The potential is enormous, and that is why valuations are enormous......The Internet is the next media....we will see those companies get acquired by the Time Warners, the Disneys and the Foxes of the world. The major media firms need exposure to the Internet. I think in five years [many of] these Internet firms will not be around. Sounds an awful lot like the same naivete that created the biotech bubble a decade ago. At least he got the last sentence right, tho.