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To: Smart Investor who wrote (8767)1/11/1999 11:04:00 AM
From: tonto  Read Replies (1) | Respond to of 9343
 
It is on CBS today regarding Eisner tomorrow.

It is not news, it just defines the date which was being questioned last week. In this market, it is enough to move the stock as we have all witnessed. Fundamentals are not an issue right now, news moves the internut sector.

Blaine came out today and said, when people start to realize after all the excitement wears off that the net is just another channel available in 25% of the homes in the US. It is a new exciting channel, but the competition is extreme, very few companies are making any money at this, and eventually people will revisit the concept of, a company making a profit.

None of us can do anything about the stock movement one way or another and will have to ride this out based on our decisions. Nothing goes up forever and it will go down. Where it bases is open to debate.