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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: peter michaelson who wrote (12013)7/24/1998 10:50:00 PM
From: put2rich  Respond to of 18691
 
peter,
if you believe in more internet banking then I suggest you take a look into rnbo or some companies who make encryption cards for internet.
No position at all for rnbo, since I am poor in reading their 10Q or whatever and the stock is already at high level. But a friend of mine who works there as circuit designer.



To: peter michaelson who wrote (12013)7/27/1998 3:25:00 PM
From: peter michaelson  Respond to of 18691
 
To all:

An internut book reviewed in the New York Times. Looks like good reading, but please don't buy it from Amazon.<g>

nytimes.com

By KATIE HAFNER

--------------------------------------------------------------------------------
BURN RATE
How I Survived the Gold Rush Years on the Internet.
By Michael Wolff.
268 pp. New York:
Simon & Schuster. $25.

--------------------------------------------------------------------------------


Few Americans who have witnessed the riches to be made from the Internet can be immune to the thought that they, too, could wake up one morning and be worth tens, even hundreds, of millions of dollars. Particularly following the Netscape Communications Corporation's initial public offering, which saw the browser company's stock more than double on the day trading started, it all looks so easy: come up with an idea, cobble together a business plan, attract investors, stir up a frenzy on Wall Street and watch the market react.

In ''Burn Rate: How I Survived the Gold Rush Years on the Internet,'' Michael Wolff, a journalist and the founder of Wolff New Media, chronicles his relatively brief flirtation with great wealth. Ostensibly, ''Burn Rate'' is the story of Wolff's search for capital to keep his small company afloat. The title refers to a term venture capitalists use to describe the amount of money a start-up is spending in excess of revenues.

Peter