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To: MythMan who wrote (11418)	11/19/1998 8:40:00 AM
From: Terry Whitman	Respond to of 86076

from the fiendbear today: With regard to Yahoo!'s valuation, if Winston Churchill was still alive today he might remark, "Never before have so many paid so much for so little."

To: MythMan who wrote (11418)	11/19/1998 10:39:00 AM
From: yard_man	Read Replies (2) \| Respond to of 86076

I believe that the internet bubble, even in a severe market correction or BK will still continue to exist for a while -- the stocks may get cut in half or to a 1/4 of their value in a severe downturn -- but nobody knows (i.e. knows for sure the contrary) whether these companies will turn into anything. When the technology of the internet for buying and selling becomes ubiquitous, ordinary and everyday -- then people will start looking at the real financial stats. Internet commerce is just too new at this point. When you get down to it -- there is little more advantage of an internet business to a mail order business except the ease with which a net business my be located and the advantage (?) of not having to use a person to place an order. There seems to me to be nothing that would make such a distribution scheme more profitable in the long run and even if there were -- there are absolutely no barriers to entry. These shares are simply gambling vehicles -- much more so than the occasional put or call we might purchase. I was foolish to buy puts on them or to short them. I won't do it again (I need to write that 100 times).