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To: Mark Fowler who wrote (46853)3/23/1999 2:00:00 AM
From: JOHN W.  Read Replies (1) | Respond to of 164684
 
COMPAQ CEO SAYS INTERNET STOCKS AND COMPANY WILL BE HUGE!!
'I don't think the Internet stocks are overvalued at all, frankly,'' said Pfeiffer,
head of the world's biggest PC maker.
Citing the ''enormous value'' the PC industry has generated for shareholders
in the past 10 years, Pfeiffer said: ''That's the
phenomenon we are seeing in Internet investment.''

Wasn't this old news?
You bulls are the sticklers for dates. Greenspan said it was like buying a lottery ticket. However, I do not take the devil as my example, and say what an idiot Pfeiffer is or some other non sense you pump and dumper use.



To: Mark Fowler who wrote (46853)3/23/1999 8:00:00 AM
From: tonyt  Respond to of 164684
 
The 5FR (Compaq) quote is over a week old.

Here's some current events:

"Yahoo! has been in talks for a week to acquire Broadcast.com, raising the possibility of a stock swap. Shares of Broadcast.com surged 37%, boosting its market value to about $4 billion."

"OPEC prepared to ratify an accord to reduce oil production, and officials argued that this time the deal would force oil prices sharply higher."

In the 'old days', this would be a leading indicator of inflation, good thing that 'its different this time'