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To: marion (Hijacked) who wrote (6860)	6/20/1998 1:56:00 PM
From: Glenn D. Rudolph	Respond to of 164684

The more they lose, the more money they need, the more the analysts will pound the table. Yahoo doesn't generate the type of revenue needed to pay for the type of expansion they are planning. They will need to get cash. Enter investment banker. And since normal valuations can't explain the ridiculous market caps they can just make up new ones. Forget earnings, forget revenue. Hey look at the number of hits, look at the eyeballs. The fact that they can't equate some of these numbers with dollars doesn't seem to bother anyone. They might as well be judging these companies based on the number of cars in their parking lot. Who knows, maybe that's what they will do since the number of hits isn't increasing. Marion, Excellent post and point. This is what the hype is about and the public is still buying it. Glenn