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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?


To: Marq Spencer who wrote (3724)11/27/1998 10:30:00 AM
From: gc  Respond to of 4509
 
And as with any tulip craze, you have the people pointing out that this is a money making opportunity that one should not ignore! Oh well.

Did you watch the tape? I am making tons of money. Call me craze. I'd rather be a craze as long as I am making money.

gc.com



To: Marq Spencer who wrote (3724)11/27/1998 10:50:00 PM
From: AlienTech  Read Replies (1) | Respond to of 4509
 
Brain, I dont think it is revenues that matter, I remember a company doing internet commerce before there was an internet. It was the first company to have revenues of over 1 mil using online sales. Right now their revenues on pure internet sales are higher than all of these internet companies combined. DELL dosent count since they have to ship a product and the profit margin is not almost 100%. This was a small company called MCAF. So if its not revenues then its management? or something else? How about, well its not anything, but pure momentum. Someone sees one flying and everyone jumps on. They look around and see some movement in one of the others and that one flies. The shorts get killed with margin calls and causes even more momentum. Once it stops a lot of people will be holding some expensive toilet paper.

But hey dont feel bad, Mr.DELL is down 139 mil today :( oh man he is going to be so sad on thanksgiving weekend.


Michael D. Eisner, DIS $349,520,563 $10,280,006.28
Bill Gates, MSFT $69,324,032,000 $2,030,978,407.17
Louis Gerstner, IBM $73,851,060 $1,411,861.77
Lawrence Ellison, ORCL $7,909,449,754 $275,590,713.28
Michael Dell, DELL $12,994,188,128 -$139,995,956.80
Scott McNealy, SUNW $553,154,852 $32,235,137.44