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Technology Stocks : Healtheon Corporation (HLTH) -- Ignore unavailable to you. Want to Upgrade?


To: eDollar.com who wrote (88)5/19/1999 11:42:00 AM
From: JC Reddy  Read Replies (1) | Respond to of 861
 
By comparison, YHOO is extremely cheap at only $31B market cap (double HLTH+WebMD)

As long as greater fool theory applies.....

And the only reason this keeps climbing is that it is very thinly controlled. I don't believe there is more than 2 million shares in effective float.



To: eDollar.com who wrote (88)5/19/1999 4:08:00 PM
From: eDollar.com  Respond to of 861
 
JC Reddy, I agree with your arguements. But when buying an internet stock an thin float matters. I would give it more value than fundamentals. For internet stocks this thin float can kill shorts.

This is the reason I bought
(1) Thin float
(2) Good underwriters
(3) famous CEO
(4) Good story to tell wall street
(5) Company in red

All these incredients will make a very good dish. All we need is 2 or 3 dyas of rally to triple or quadruple our money.