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Technology Stocks : Network Solutions (NSOL) -- Ignore unavailable to you. Want to Upgrade?

To: TheStockMonkey who wrote (896)	4/18/1999 1:35:00 PM
From: Pullin-GS	Respond to of 1377

Another SPLIT for NSOL? <VBG> Read last paragraph: news.com Network Solutions wants to increase its authorized common shares to 210 million from 130 million, for possible stock splits and aquisitions, the SEC filing said. The company will ask shareholders to approve the plan at its annual meeting scheduled for May 18.

To: TheStockMonkey who wrote (896)	4/18/1999 4:44:00 PM
From: CMon	Respond to of 1377

Of course the internet is not a fad. Here we are using it. But the internet is one thing, the businesses that intend to profit from it are another, and ownership of those businesses through their share prices is yet another dimension to consider. In my opinion, while a number of the current companies in the internet space will no doubt be around and prosperous many years from now, the valuations of most stocks in the sector have been bid to ludicrous heights by deeply unsophisticated investors. The more wealth that is thrown into this sector, and ultimatly destroyed, the greater will be the price that we all pay for the folly. As one whose future depends somewhat on a healthy financial system, the potential ramifications of this harsh awakening to come causes me concern. Perhaps it would be news to you that had you told your friends at a cocktail party in the 70's, scant years after the "investment" orgy of the late 60's, that you owned shares, they would have looked at you as a fool. Anyone working in the financial services industry should be concerned that a return to such thinking, while maybe not probable, has become a possibilty because of the rampant speculation of which this stock is symbolic.