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Microcap & Penny Stocks : IKAR Mining Tungsten iron ore gold silver copper cobalt -- Ignore unavailable to you. Want to Upgrade?


To: Bill Ulrich who wrote (509)1/15/1999 4:38:00 AM
From: Intrepid1  Read Replies (1) | Respond to of 631
 
Bill, you raise a good point about intent. Many of the high flying Internet companies like GNET and YHOO are good companies run by decent people. Of course they are only probably worth a tiny fraction of their market cap. If I gave you $700,000,000 cash (GNET's market cap) how many GNET's could you eventually create? The problem lies in the market place. The analysts and the moneymen behind them who hype internet stocks are the culprits.

I realize it is actually not that simple but where are the voices of reason? Unless we have undergone a paradigm shift with respect to stock valuation, any justification by analysts or brokers for the current internet share prices borders on the criminal.

As for Ikar, I have been told by informed people that the property in Tajikistan is a good prospect but needs more exploration work; and the lawsuit they have filed has merit. As for AZNT I know nothing about that situation. <g>

regards

etc.