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Pastimes : John Dessauer's Investors World -- Ignore unavailable to you. Want to Upgrade?

To: Paul Lee who wrote (1887)	11/29/1998 11:54:00 PM
From: DWB	Read Replies (1) \| Respond to of 2346

Paul, I'm curious as to why people would start lumping CD in with the other pure Internet stocks... granted, if they started a site, or increased their exposure, that could be taken into account, but I doubt CD will start trading at EBAY or YHOO type multiples. The simple fact that there are a LARGE number of shares of CD (900 million rings a bell for some reason) means that the majority of the company will still probably be valued based on the real estate, hotels, rental cars, and membership clubs. It would however be nice to have a stock do a 10 bagger in a year, but I'm still thinking people will wake up one day and find out they just paid $200 for a company that is losing money as far as the eye or any rosy projection can see, and the rush to get out will be awe inspiring. Just IMHO. DWB