To: moishe who wrote (16406 ) 4/4/1999 11:02:00 PM From: the Chief Read Replies (2) | Respond to of 37507
I guess the bottom line is that the Internet is going to generate about $1 trillion US dollars in a short time. Much like mining companies, Inuts will "stake" their business plan in cyberspace. Whether they have a useless 'land claim" or not can only be determined by the quality of the land, or in their case, the quality of the product and their business plan. Lots of companies get elevated market caps in the mining industry based on potential, management, business plan, finances, and public perception, well before they actually buy land. The same is true in the Inut world, only the premium people will pay for those attributes seems borderline schizoid!! But, then again, not too many mines turn out to be worth $1 trillion dollars. Everyone wants to be the one to get on the "Microsoft of Inuts", maybe one will be, which one...this is the question!! I am afraid that some of them may just be "riding the wave". Absolutely they are. In the Bre-X days, I bought a little company that owned a chunk of swamp in Borneo. The only reason I bought it was because the company touted its property as having a "busang like structure". It went from .40c to $9.00 and never put a drill in the ground!!By the way they don't use that term anymore!!,haha! 4-5 years ago you could buy any mining stock and make money. Inuts are the same now! I think alot of them will develop successful businesses but only about two will justify their market cap, and it won't be Ebay or Amazon. The times, they are a changin!!! One can take the moral high ground and say we are taking money from the uninformed. I consider this an "investment" as I do with any mining stock, you pick the one you like, you place your bets, then follow the company closely, if it looks like a dud move on!! Sorry for my rambling! the Chief