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To: RocketMan who wrote (2171)4/2/1998 8:03:00 PM
From: Rick  Read Replies (1) | Respond to of 7703
 
Rocketman --- Agree totally. "However, this
kind of stock, if it meets its financials, nasdaq listing, etc, would go the way of internet stocks hypervalued at crazy P/Es of 100 or more, IMHO. I don't think that is right, and
I hope it doesn't happen. But I suspect it well might. Look at AOL, AMZN, LU, etc."

agree.

I'm staying away from those because their valuations are way out of line, and I think they will face reality in the near future.

Absolutely - just look at Netscape...things met reality.
It was always just a step above a browser company to me..(thouhg I had it at one time from 50 to 144ish or whatever when it got absurd..& sold out..
& YHOO & AMZN are at absurd valuations...

And yet they keep going up.

yes they do....beats the heck out of me..
I do like both YHOO & AMZN a lot based on win/win stuff
they develop etc. - but too risky when reality meets the
road. You don't have any argument from me..