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Technology Stocks : Wattage Monitor (WMON) -- Ignore unavailable to you. Want to Upgrade?

To: Eric Fader who wrote (56)	4/7/1999 12:45:00 AM
From: Bruno Steinhauser	Respond to of 96

Hi Eric, watching the stock going only into one direction, yesterdays close 12 1/16, is a little bit scary, I admit. Based on what investors know in terms of fundamentals, sure the stock is heavily overvalued now , I agree.However, give me one internet stock which is not astronomically overvalued. What does the heavy volume in the stock tell you? Are there thousands of morons buying the stock because its hyped and promoted. I would say 60% of the investors know what they are buying here and 40% is buying the stock because of the buying and because its an internet stock. I bought it because I Liked the business idea behind it. The company now has to deliver and I am sure that they will do so. I bought at US$ 5,10. Being in the money big time I can bear the risk for the cliff you are waiting for, after having taken the risk of being invested at the very first beginning. best regards Bruno