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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Pete Ryley who wrote (6299)	1/21/1999 4:35:00 PM
From: Irish	Respond to of 18998

Mr. Riley: It would seem that BII.TO just went down like the other internet stocks did to-day. Nothing very shocking really. When the other internet type stocks rally it likely will too...nothing too complicated I think. I was a buyer to-day and a seller last week. Same old same old. Irish

To: Pete Ryley who wrote (6299)	1/21/1999 5:34:00 PM
From: DavidD	Respond to of 18998

It was a giant reality check when Onsale said their long term financial projections included net margins of less than 4% on CNBC today. Compare that to software companies like MSFT, whose margins are 40%! It is now quite clear that these companies will never be cash cows like software companies. Only the brain-dead small e-investor can keep on-line auction share prices up now. I thank MP for his little pick of BII, I bought and sold and made a teeny weenie $2,200 bucks on 2000 shares.