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


To: Justa Werkenstiff who wrote (4471)4/13/1999 8:37:00 AM
From: Allan Harris  Respond to of 15132
 
It is an area of the market where the business plan is to lose money and argue that it is a good thing.

The comment linked below was posted in a reference to Biotechs, but I believe it is more applicable to your comment about the Internet sector.

BTW, the author of this referenced post is worth Bookmarking:

exchange2000.com

A



To: Justa Werkenstiff who wrote (4471)4/13/1999 10:22:00 AM
From: Kirk ©  Read Replies (1) | Respond to of 15132
 
Float on BOWG... From BOWG IR:

Date: Tue, 23 Feb 1999 14:03:25 -0800
From: Nancy McLeod <nancym@suite101.com>
To: Kirk Lindstrom <kirk_69@ix.netcom.com>

Kirk, the float is approx 2 million shares - it is not recorded anywhere and is just an estimate. You are free to publish this.

At 05:52 PM 2/22/99 -0800, you wrote:
>Hi Nancy
>What is the Float on BOWG?
>Can I publish this?
>Is this recorded anywhere?
>thanks

BTW, all the information we can dig up on BOWG is at this URL:
suite101.com

I think Alan's reply to your post was dead on... Many 'nuts will fail. Some will make you rich. IF my skills have made tons for me in other areas of the market, why not apply them to the hottest area of the market with the most potential for high gains? Why waste the skills in a market segment where you might just outperform the market by 10%?

To me, it seems foolish to continue to pound the people investing in the internet as fools and clueless. Maybe the vast majority are... but probably the vast majority investing in GE 20 yrs ago were clueless about how to run a business, but my parents have done very well with their GE shares...