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

To: Wally Mastroly who wrote (4717)	4/24/1999 10:00:00 AM
From: Allan Harris	Read Replies (1) \| Respond to of 15132

Re: Internuts - "When Internet bell rings, will lifeboats be ready? " Sometimes I think that my friends here are baiting me with posts like this. Yes, I am still here. In fact, last night as I stood along the shore and gazed across the Atlantic at my adopted homeland, I realized that I have held onto most of my Internet stocks longer then any of you on this thread have held onto your semi-equipment stocks. I guess that makes you the daytraders and gamblers, relatively speaking, of course. I, well, I am still and have always been, The King of France

To: Wally Mastroly who wrote (4717)	4/24/1999 1:53:00 PM
From: Lars	Respond to of 15132

Wally, >>> Yahoo! was given a theoretical value of $31 versus $189; America Online, $38 against $147; Qwest Communications $25 versus $92; Excite $54 compared with $152; Lycos $34 against $100; E*Trade Group $25 versus $104; AmeriTrade $36 versus the current level of $127. >>> I don't know about the others but if QWST does what I think it may be able to do, based on my ongoing research, then it is worth way more than $25 per share. >>> Wall Street had reasonable expectations only for Amazon.com, which was calculated to be worth $103 versus its current level of $200, and Cisco, pegged at $118 versus $113. ''Any Internet companies would say that we're crazy and they'll earn much, much more, because, after all, this is a 'New World,''' Dreman said. ''But people have said the same thing about other speculative bubbles.'' >>> There will be big winners and big losers in the 'New World'. I was extremely critical of this sector, not that I am buying it, but I have talked with a friend who is a deci-millioinaire six times over......that's right....due to the past three years. He owns his own computer company and is not a hypster. There are going to be a few good companies that make people very wealthy. It is very difficult to tell which ones will make it. Very difficult. I would love to see a brutal correction during a ho-hum summer. There are a few companies that are worth buying in this sector. As my friend has said, "There are certain companies that are going to make it big, real big. Of course there is risk but some companies are going to revolutionize our way of life as did the printing press." Remember, most of these stocks are currently overvalued and to be honest, IMHO, shouldn't even be on your radar screen. Then there are some that are worth keeping on your radar screen. FWIW. And no Justa.....I haven't become an internut! HA!