To: Blue Snowshoe who wrote (190 ) 1/31/1999 12:16:00 PM From: Joana Tides Read Replies (1) | Respond to
Blue, thanks for the great links; I read through them all as a primer and I guess a statement on stocksite that really stuck out in my mind about Internets was the fact that all the Internet Stocks added together have the same market cap as Eli Lilly - that is absolutely amazing!! I never realized that the cap is so small; that so the supply and demand factor is so very extreme with our pet sector. We are so lucky to be in the right place at the right time; and it will be something I'll always remember when I hear the negative newsblubbers trying to talk the sector down. I guess this will be bound to change when the Big Blue Chips and Everyone Else gets on the dotcom bandwagon - but that will still take quite awhile for it to happen. I guess once we see the beginnings of that, we'll be watching The Fat Lady Starting To Sing, and Not Before that point. But for right now, for as long as it lasts, We Pals On Techride Be Sittin' In Da Catbird Seat. There will be lots of m/a's and splits in Internets in '99!! We got awhile yet, quite awhile. And I still hope GNET goes big IAP on it's own and doesn't get it's unique personality gobbled up by a bigger fish. Go2net has an intelligent adult focus and is the least of a pain in the neck to navigate than any other I've seen. Watching these splits, I had a thought - who is it that would sell big blocks of shares on the few days following the split announce? It sure wouldn't be Individual Investors - it'd be Mutuals who would never want to be holding shares as they split because of accounting problems with NAV valuations it would cause them. I think to watch how big the selloff is after split announce and right before it happens, is to know how many MM's and Bigs are holding shares. Do you think? Blue, I never knew anyone who knows how to tease and build up suspense like you - PLEASE PAL, I did my homework and intro - Part III and Valuation, PUHLEEZE help me get my head back together coming out of the flu, potatoe president yeah right PLLLLLEEEEEAAAASSSEEEE.
