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Non-Tech : MILLIONAIRE. COM........( MLRE ) -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (168)	12/19/1998 8:17:00 AM
From: Wayne Rumball	Read Replies (1) \| Respond to of 2664

totally correct lance. i got burned shorting net stocks because they looked way over valued. it doesn't matter the worth, it is the perceived potential. this has got it. i have a company with a book value of $6+ and almost $2 of that in cash and receivables. it trades for 1.50 food and natural resouces have become worthless, but worthless net companies have billion $ market caps because everyone beleives they are buying a piece of the future.