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To: puborectalis who wrote (17266)1/9/1999 12:56:00 AM
From: Mark[ox5]  Read Replies (2) | Respond to of 27307
 
<<< A chemistry of
success until the equation changes.

What do you see as causing the equation to change?

I don't think institutions own much of the 2nd, 3rd tier internuts.. only the big names, AOL, XCIT, YHOO, LCOS

For example NSOL is only owned 17% by institutions.... or BCST 23%

But anyways, I just dont know when enough is enough, its almost becoming a hot potato game at this point.. guy A selling to guy B, make profit, when guy B makes profit he sells it to guy C, guy C makes profit and sells back to guy A... repeat. I just wonder what market cap it will take for people to see that.. or if they really care. Now we have a small army of traders who don't care about valuations... so theoretically they could buy YHOO even with a 300 Billion market cap.. as long as it satisfied their need for 30% in a week returns...

and as long as these stocks keep splitting and keeping price "reasonable" (i.e. in the $100-$300 range) what's to stop it? I don't know.. I wrestle with that issue a lot.

Yes when YHOO runs up like it has it makes LCOS look dirt cheap (comparisons) but where does YHOO end its run? All logic is now thrown out and like I said its now a shell game...
(and yes this is coming from a long)

Just thinking out loud,
Mark



To: puborectalis who wrote (17266)1/9/1999 4:17:00 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 27307
 
Don't forget about XCIT...perhaps the biggest play out of all the portals.