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To: Rich Investor who wrote (9057)2/8/1999 2:31:00 AM
From: Ruyi  Respond to of 37507
 
"I still don't believe this sector as a whole is doomed, but certain companies like online auction houses MAY begin to face a squeeze at some point as many investors (not gamblers) realize the valuations are downright ridiculous for their current revenues and profits/margins"

I think it will be a combination of factors, a return to more traditional commodity trading (as developing countries rebound) and new search engines that are more point specific not URL dependant.