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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (5779)2/16/1999 8:17:00 AM
From: DWEB IR  Respond to of 11130
 
Wayne,

Legitimate reasons for caution. As you pointed out, reasons for caution are the norm vis-a-vis public filings and Internet plays.

VerticalNet (VERT), the most recent 'darling', has a $700M market cap, a trailing 9 months revenue of $1.8M and over $8M in losses.

We can readily accept a determination that DWEB doesn't fit a particular investors risk/reward profile, that's what makes markets 'free'. We just couldn't remain silent when the association with USAT was made.

We accept your statement 'Maybe the comparison was not fair.' as the end of the matter.

Thanks for maintaining a reasonable plane during our discussion.