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Microcap & Penny Stocks : WCTI (Wordcruncher Internet) Search Engine of the future. -- Ignore unavailable to you. Want to Upgrade?


To: Life Coach who wrote (2671)2/3/1999 5:10:00 PM
From: Daevious  Respond to of 5300
 
If I may add my $0.02: What's happening in internet stocks is a lot like what happened with electricity about 100 years ago. The sector as a whole, based on unbridled enthusiasm and short-term observations that there's money being made here, is rising exponentially. That is not sustainable over the long term--if it were, in ten years one share of WCTI would be worth more money than exists in the world today (I haven't actually done the math, but trust me, that's what it would work out to). And that can't happen! Eventually, this will shake out. When the balloon breaks it's going to take the good down with the bad and it may be a while before the "good" recover. The weak and fly-by-night companies (e.g., Anthony@Pacific's short picks) will disappear overnight, and eventually those with good products and solid management--like Wordcruncher, I believe--will become "mainstream" and follow a more traditional and sustainable pattern of growth.
-D



To: Life Coach who wrote (2671)2/3/1999 5:12:00 PM
From: Guy.  Read Replies (3) | Respond to of 5300
 
Life coach, don't you agree that the overhaul prices in
the markets are crazy? this is obvious to everyone, but people
enjoying making money. I am not an hypocrite, i am enjoying
as well. I like you never had that kind of a ride. WCTI is
a dream coming true for me.
I am just saying the obvious. I am maybe young, but i have seen
a collapse in the Israeli markets after the prices were crazy like
they are now here. I know what it is to lose money.
Being euphoric is not good coach.

Guy