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To: Jing Qian who wrote (3062)4/30/1999 7:28:00 AM
From: gizelle otero  Respond to of 7772
 
No offense taken. My ONLY point is that the valuations for all these "internet giants" are insane and I think they will all come down to reasonable (50-100 P/E) valuations in the coming years (2-3).

Those (like AMZN) that have no profits will be the hardest hit.



To: Jing Qian who wrote (3062)5/6/1999 6:48:00 PM
From: GrokSoup  Read Replies (1) | Respond to of 7772
 
IPOs: Gotta Know When to Hold 'Em

According to a study released today, investors who bought Internet IPOs after the first day of trading fared worse than the Dow Jones Industrial Average -- excluding Priceline and eBay. Investors who bought post-offering IPOs obtained 34% gains, versus 36% for the DJIA.

Adjust the numbers for risk and it amounts to a whupping.

groksoup.com

P.
groksoup.com


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