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To: Sarmad Y. Hermiz who wrote (49813)	4/11/1999 5:23:00 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 164684

"Some people are perfectly serious when they discuss their internet stocks. I cannot think of these stocks as anything but a joke, and basically try to make a few dollars shorting them. I know the self-serious players are raking in the big bucks. They claim they are not playing the greater fool game. So I have no idea what they are talking about." Sarmad, It is a shame that we haven't been able to move you a bit. The best post on this subject was one from William about 6 months ago, and you probably saw it so I am just not going to try to find it, and perhaps it wouldn't matter anyway. I have even attempted to discuss past mania's such as oil and railroads in the 1870's to 1890's to try to add to the discussion. That point was that these things can go on for many years, and the winners justify their values eventually. William explained that he didn't just buy and hold because he wanted some protection against the big corrections that were bound to occur in these type's of issues. An analyst has pointed out that two years ago, yahoo seemed very overvalued, yet in retrospect it was selling at 10 times 99 earnings. Let me suggest that the February price of 125 will appear extraordinary in 2 years, as they earn 2.50 plus, and will be growing at 200% per year still.