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

To: Mark S. who wrote (2794)	2/5/1999 4:34:00 PM
From: garden_man	Read Replies (2) \| Respond to of 5300

Mark, I disagree, institutional investors are buying the Yahoos of the world, why? Why are analyists issuing strong buys to $500.00 per share? Why do you think Clinton wants Social Security to invest in Wall Street?? Its a whole new world out there and evaluation formulars of the past are thrown out the window today and for the forseeable future. Long till y2k! g-man

To: Mark S. who wrote (2794)	2/5/1999 4:41:00 PM
From: Speedster	Read Replies (1) \| Respond to of 5300

But the internet will incorporate radio, t.v., mass media, newspapers, shopping malls, communities, sex, political intrigue, and blah blah blah. It is maturing rapidly. How can anyone value it at this moment? I hardly watch television anymore--except for Fox. And, without the internet, I would never have known about de peepster.

To: Mark S. who wrote (2794)	2/5/1999 5:26:00 PM
From: MilesM	Read Replies (1) \| Respond to of 5300

Mark, I understand your point. I don't think anyone here would argue with you that the sector is HUGELY overvalued. AS someone put it a while ago, "Put .com after our name and watch the money roll in." That is a very accurate phrase. But in defence of internet stock, this is a new type of product, perhaps profit has nothing to do with performance of internet stock, popularity does. If people use it and heard of it, stock will go up, way up. Of course, these are not blue chip stocks, nor are going to perform as blue chips. I seriously doubt that any Wall Street and Bay Street big wigs were behind Yahoo when it came out and for a long time they struggled ( I am guessing here, havent researched it) finally, the oldies took a risk and you have a 500 stock. True, we can't judge this stock by the typical stats, but why should we,its not a typical sector. I an only refering to the standard stats in an effort to try and find some reason for the low volume and aparent lack of interest this past week. Some folks have already answered that question for me ( thanks ) Its a new, weird sector, we have to think new and weird to make it here. JMHO And thank you for your reply. It's good to get a reminder every so often to check the reality.

To: Mark S. who wrote (2794)	2/6/1999 2:36:00 PM
From: brk	Respond to of 5300

I heard a guest on CNBC a while back stating that this industry has been growing at a rate of 8% per month fo the past five years and (IMO) it is still in it's infancy/teen years. I haven't done my DD, but I'd be willing to bet that the radio & telephone industry failed to support these kind of numbers. G-man is right....it's a whole new ball game out there & I don't feel that recent speculative prices are really that out of control. I was a believer in GNET and they have amazed me thus far. The WCTI freight train still has lots of momentum.