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To: Russ Motter who wrote (18034)11/29/1998 12:14:00 AM
From: dj8000  Read Replies (1) | Respond to of 42787
 
>>The Internet is about hype and absurdity and also about the foundation for a new industrial order, the ultimate triumph of consumerism. 1962 in 1998. Beware of bald men and dj's who do not dance to the rhythm. >>

when talking about some thing new, there is better example than MSFT, but it never sold with P/E over 64. and MSFT has BIGGER growth rate in its early days then these current internut company.

i know how easy it is to write a web page, so as many analyst said, there is not much barrier to enter this market. besides, how much revenue you can have from internet?

internet itself is fundamentally new, as well as the stock price of internet company (kind of high, isn't it:) unless you daytrade, the down side potential is too high, and i will see this bubble will end next Feb. when people find out that there are not much revenue from expected christmas sale.

DJ