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To: Ron McKinnon who wrote (17535)	11/28/1998 12:00:00 PM
From: tom pope	Read Replies (1) \| Respond to of 53068

I think the best part of T-Mex's answer is the observation that times like this come along once in a lifetime. While the mania is going strong, you have to suspend disbelief and go with the flow. I was in BAMM for all of a 3/8 flip at the 12 level on Wednesday, and the reason that I didn't hold was that my real life experience of BAMM is that the service is mediocre, book selection is so-so and it runs out of the Sunday New York Times by noon. Bad decision, obviously,in this sort of market. When the mania ends, tho it ain't going to be pretty.

To: Ron McKinnon who wrote (17535)	11/28/1998 12:06:00 PM
From: Larry S.	Respond to of 53068

Retailing, E-Tailing, and Reality. Ron thanks for posting these tidbits. I told a friend of the run of ONSL from 24 on Monday to 100 on Friday, and that i had made some real good money by grabbing pieces of that move. She said why didn't i just buy some and hold it (she is a quite conservative person). I said that I had made more money that I thought possible in such a short period of time and didn't want to give any of it back. BAMM, ONSL, MALL, CYCH, etc, stocks that go up 25-50% a day, are a very speculative phenomena. Actually, I think Tokyomex gave a very astute and appropriate response. These new etailing sites are certainly a wave of the future. But I think a dose of reality is appropriate. I have bought several computers from micron over the past few years, and recently purchased one thru an ONSL auction. But I am sophisticated enuf in computers to know what i want and to be able to price compare online or in a store. I have also found that I know as much or more than the computer clerks in most mass merchandise stores. There is a growing percentage of the population that will be very comfortable shopping on line, and it is a segment that will show significant increases in the coming years. But retailing is a HUGE market, and it is seems to be an important part of the female make-up to participate in this ritual. I don't mean this with any disrespect, just concurrence with the statement "women have more shopping chromosomes than men" The point of this all is that i think this etailing mania, as reflected in stock price movements, is a very dangerous speculative bubble, and extreme caution and attention is very important for anyone wandering into these areas. I see people computer shopping at stores, and asking clerks questions that may seems simplistic to an experienced computer buyer, but buying a first computer is a major experience for many people, and they need the "security" of a hands on experience. I am reminded of the digitial photo/vs traditional prints in photography. sure digital camera is wonderful, can see pics immediately, save on computer, email to grandma, etc. but there is something warm and fuzzy about picking up your pictures at the store, and looking at them with a friend. kind of like the warm feeling experience of all those women jamming the malls on black friday. gggg. larrry