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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC -- Ignore unavailable to you. Want to Upgrade?

To: Anaxagoras who wrote (621)	5/1/1999 12:10:00 PM
From: Questerr	Respond to of 1150

Anaxagoras: Your post demonstrates there is more to your "short" argument than the hype that was spewing from the shorts' keyboards here last weekend. I agree with your statement this stock, fundamentally at least, should not be a $1 billion company or a $30 stock. I also concur that this could happen by virtue of ebullient investors trying to own a piece of a "net incubator". The stock seems to have found a floor in this $13-$16 area. You can make a lot of $$ trading a stock that moves consistently up and down through a $3 trading range. Good luck to all! :)

To: Anaxagoras who wrote (621)	5/1/1999 2:21:00 PM
From: RJ_Ewing	Read Replies (2) \| Respond to of 1150

Anax: Where have you been the last year? "Silly hysteria", as you put it, has fueled I-net stocks for the last 12 months. You call it silliness, I call it specualtion for the future. Apparently, Wall Street agrees with me, based on the 12 month surge on I-Net stocks Look at priceline.com from the latest article in Marketwatch: cbs.marketwatch.com Key point in the article on Priceline: "Priceline.com is now worth $23 billion. Yet when it reports first-quarter results next Tuesday, it's only expected to generate $44 million in sales" Speculation, Speculation, Speculation. If you are basing your short position on I-Net stocks earnings today, I am afraid you are destined to lose a lot of money. This stock, on the right type of news, can explode Also, check emarkettake.com Type in RRRR at the top of the page, click "opinion" and then "get"...Look at all the "buys" Lots of stocks out there that need shorting. Upstart I-Net companies are the last ones I would ever test. See you at 30