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To: Glenn D. Rudolph who wrote (4515)	5/19/1998 9:57:00 PM
From: Mark Fowler	Read Replies (2) \| Respond to of 164684

Glenn, excellent article deserves further thought and study.

To: Glenn D. Rudolph who wrote (4515)	5/20/1998 12:56:00 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 164684

>>Mostly because it can be tough for any good Calvinist to get around the paradox of losing money now to make a ton of it later.<< i have no problem with this. the problem i have is losing money NOW AND LATER. it is very presumptuous, imho, of this author to make the internet companies success a foregone conclusion. imho, this is an attempt to justify the absurd instead of use plain common sense. the street pays a premium for consistent and predictable losses. NOT! they "believe." the starry eyed always do. this is ivory tower stuff stuff. theory. shoulda, woulda, coulda. reminds me of all those analysts last week that "believed" hwp would beat estimates and raised their rating a few days ahead of the slaughter. if they can't get it right two days in advance, how can they do it 3-4 years ahead?