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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999! -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (1181)4/15/1998 1:29:00 PM
From: Bill Turner  Respond to of 3183
 
The door is closing on the opportunity to create new general mass media/commerce properties on the Web. "There is no barrier to entry"...bulls***. The leading contenders include Yahoo, Excite, Lycos, Infoseek, AOL.com, and Microsoft Start. At least three of these are very likely to become media behemoths within the next ten years. Media behemoths, commerce notwithstanding, are valued highly...say 20 billion dollars. Excite has a good chance of being one of the select few, based on its performance thus far and its position in a solidifying market. It's currently worth just over one billion dollars. So make your own decision. That's the long view.

I remember posting something about "emerging media & commerce giants" a few months ago and someone took me to task: "A silly search engine? You must be mad." Well, it's true. For those who don't agree...fine. I'll take your fortune.

-Bill