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

To: Olu Emuleomo who wrote (2186)	9/11/1998 4:24:00 PM
From: Derrick P.	Read Replies (1) \| Respond to of 3183

Olu, No, currently ahead but yes of course short. Been short the internet stocks about 2 weeks now. I just get tired of these highly paid professionals who come off sounding so stupid. Perhaps they are just intentionally misleading people, at least then they would not be as dumb. I've had to work hard to earn my living. When I've got cash on the line I get a little excited. Derrick

To: Olu Emuleomo who wrote (2186)	9/11/1998 4:50:00 PM
From: Derrick P.	Read Replies (1) \| Respond to of 3183

Olu, I guess this explains it better than I can: Message 5725312 Esp. These investment firms are playing a huge and cynical game. They know better than anyone that companies like GeoCities (GCTY:Nasdaq) (which Goldman Sachs took public earlier this month at $17 per share) and Broadcast.com (BCST:Nasdaq) (which Morgan Stanley helped underwrite back in July) are really nothing but financial junk deals with no hope of ever standing on their own as self-sustaining enterprises. Indeed, the registration statements for both IPOs say as much flat-out, warning investors that neither company has any expectation of earning any "net income for the foreseeable future." and Ah, this whole thing is making me sick. These deals stink. And at the end of August, the market finally began to smell the rot. Regards, Derrick