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Technology Stocks : Roaring Internet Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Andrew H who wrote (813)1/12/1999 9:34:00 PM
From: Elllk  Read Replies (1) | Respond to of 1530
 
Andrew

I do think earnings don't matter with the internets right now. What the big money is buying is potential access to the global reach and penetration of internet. At this point, internet is developed to probably much less than one per cent of its potential. Its all about the future but development will come very quickly so current low revenues and high stock prices are not totally out of line. And the market at stake, whatever the focus or niche of a company, is the GLOBAL market. And first to market usually gets 90% of the market.

Larry