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Technology Stocks : Pacific Internet Next HOT IPO? -- Ignore unavailable to you. Want to Upgrade?


To: Herc who wrote (587)4/20/1999 2:32:00 AM
From: westpacific  Read Replies (2) | Respond to of 912
 
Correct - all the funds will follow suit as we saw today. On CNN tonight the Harvard Business School Professor that wrote the Wall Street Article on overvalued INETs was on tonight - he sees the rinse and wash cycle on for the entire quarter and no bottom yet to the INETS. Until more profit comes out and PE ratios are more in line with earnings at least two years out I tend to agree. Sold my PCNTF I bought at 50 for 95. Want back but waiting for 35 to 45 range which I know we will see one day in the next two weeks. JUMP ON THAT!
(Have to laugh at all the posters that don't take out profits on the short term plays - the longs with 1500% profits on the GNETS, CMGI, YHOO well that is another story).