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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (4470)	4/13/1999 5:49:00 AM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 15132

Kirk: "Of course, you can stick to the old school mantra and way of evaluating things and continue to miss out." Yes, I am of the opinion that it is too late for now for me to buy an internut. I don't want to face the prospect of waking up one day or so to see a stock melt. I am glad you are making nice paper money but the whole group is beyond comprehension to me in any realm of historical valuation measure. It is an area of the market where the business plan is to lose money and argue that it is a good thing. If any other industry followed that kind of business plan, they would be laughed into bankruptcy. Yes, there are good internet investments with some larger cap players. They will survive and prosper. But the valuations are crazy to me. And the whole sector smacks of a mania which has occurred so many times in the market. History would suggest that the probability of an internet melt is quite likely. With that said, it sure can go on and on and, if you are making money, well, that is the name of the game <g>. I still would like to know the float on your BOWG.