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To: Warren L. who wrote (9486)5/15/1999 2:01:00 AM
From: red_dog  Respond to of 29970
 
).
This cascading wave to the Web brings more than old money to a
new economy. It brings (gasp!) credibility. Apparently, it's not just
a few online investors who believe the Internet is for real.
Yes, the successful Internet companies will have to continue to
grow revenues at a break-neck pace -- and eventually demonstrate
profitability to justify their high valuations. A challenge, sure, but
certainly attainable.
As CMGI CEO David Wetherell told Time Magazine: "The Internet is
growing at a rate of 3 percent a day. If you can't make money in this
business, then you might as well go pick oranges."

Sincerely,
Internet Stock News
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