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Technology Stocks : MindSpring Enterprises (MSPG) Another ISP. -- Ignore unavailable to you. Want to Upgrade?


To: Tom Klempay who wrote (320)7/22/1998 10:13:00 AM
From: Ultimate Investor  Read Replies (1) | Respond to of 1434
 
a good posting on yahoo board--my sentiments exactly:
you think 100 post split is real-- that is 1.6 bil or $4000 per subscriber or 400 time this year earnings. People who are making this statement are the smart ones because soon they will be going for the exit and those who are a little late will be holding the bag. remember, mci entire internet business went for 1.7 bil and that included a state of art network. this is irrational and at some point, and i think sooner than later, the stock is going to crash. no one bullish on this board has given any explanation for the stock to be high and supporting valuations. just hype and more hype and yopu know very well that is never sustainable. so when are you going to get out -tomorrow, next month or next year. how do you know when this euphoria is going to die. yes i will buy mspg at $25 but at $130--give a bloody break.