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To: Randy Ellingson who wrote (37476)	1/28/1999 6:21:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Randy -- he used the words 'priced like lottery tickets', I don't see that in your notes. He also said most net companies would fail. I also don't see that in your notes. As for the 'positive' parts (where there is smoke there is fire -- that kind of theme) who really doubts that some companies will do well? Look at AOL, its really something. Sure to suceed? No way. Over-valued? Probably. But it sure has possibilities. But for every AOL ten or twenty will fail. That is why AG called them 'priced like lottery tickets' -- which you did not mention.