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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: Rich Investor who wrote (4345)1/5/1999 11:44:00 AM
From: Mr. Forthright  Read Replies (1) | Respond to of 37507
 
<<but some level of diplomacy is called for>>

For the second time: point taken.

<<The simple fact is you don't know anymore about the future than us, so stop trying to play the role of an "investment fortune-teller" as it makes you look stupider than I think you are.>>

Kris, as you know I am not trying to be an investment fortune-teller. From some of your posts I take it you are not new to the investment business. I have to belive that you agree with me that:

1) The level of speculation and volatility in Internet stocks is unprecedented.

2) Historical valuation models of stocks (even the most creative ones) cannot justify the current valuaion of Internet stocks.

3) The number of Internet IPO is extremely high.

4) Retail participation in Internet stock trading is extremely high.

5) "This time it is different"

Do you agree that everytime we have seen these factors combined in the past it has lead to disaster?