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To: stockman_scott who wrote (115287)4/8/1999 5:16:00 PM
From: edamo  Respond to of 176387
 
my man stockman....re: internet valuations...let's ask chuz..

"necessary financial muscle....money in the bank"...

the perversity of this statement as i see it is that the "muscle" is not the product of strong year after year profits and retained earnings....but from a stock price that is grossly inflated from the time of the ipo...

is it possible this new valuation model is akin to a perpetual motion machine?????

chuzzlewitt.........helppppppppppppppp...

ed a.



To: stockman_scott who wrote (115287)4/9/1999 2:07:00 AM
From: Chuzzlewit  Read Replies (2) | Respond to of 176387
 
In other words, he hasn't the vaguest idea, and doesn't want his feet held to the fire if and when these things blow up.

A very cynical pussycat am I,

CTC