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To: Bill Harmond who wrote (57332)	5/18/1999 11:27:00 PM
From: Rob S.	Respond to of 164684

Does it? The Internet is only the media. The basic rules of business always play out. This is interesting but won't say where the stock is heading now. I think that the nets will get their feathers plucked a bit by early summer. I think they will be up in the fall or winter to new highs. But who knows, with interest rates moderating up, the money flow may be tempered out of equities. Take some profits now.

To: Bill Harmond who wrote (57332)	5/19/1999 10:51:00 AM
From: Tom Kearney	Read Replies (1) \| Respond to of 164684

> The Internet does that < In Forbes, Milton Friedman (no rash speculator) suggests that the Internet will help keep governments smaller, because they will lose the ability to enforce significant taxes! This fits with my belief that many values will accrue to the Internet that are still unanticipated, and the early big players will get most of the benefit because they're there to scoop up the advantages, and that stock in any of today's main players is a dead lock winner. Your post on eBay is the same thing. As the early leader, they will dominate auctions, and have access to capital to expand them in ways we haven't even thought of yet. Regards, Tom