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To: tool dude who wrote (243)	3/14/1999 11:49:00 AM
From: RockyBalboa	Respond to of 1197

tool, that has been one of most compelling - yet hurting insights of December 98 as well. Some companies simply defy gravity. Sometimes it is just too early to short. The internet gorillas set out new valuation "standards" and the other stocks seem to follow suit. What remained to sell - has been overhyped stuff with tons of equity to be moved which was carried long enough or real scummy actions. That was the point Auric made earlier. Much too early to give (supposed one wants to give and move on). I am still baffled how quick a shell with a market cap beyond 50 mil can be turned into an internet startup with a decent valuation given they find a widely-to-use easy to market product at the right time, and no other mentioned it yet. I eagerly await the next moves and whether they are able to grow in the next months at that pace. Both the market and company stock price "cycle" have been quite premature to sell it right away. Message 7694395 ... ??? C.