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To: ShortyBear who wrote (3239)	5/20/1999 1:04:00 PM
From: Bill Harmond	Respond to of 7772

>>would it be more accurate to say: one by one, highly-valued internet stocks are approachingsaturation in their respective markets, and therefore losing share value? I disagree. I don't thing any of the leasers are near saturation. I think we're in the second inning of this game.

To: ShortyBear who wrote (3239)	5/20/1999 1:50:00 PM
From: Robert Rose	Read Replies (1) \| Respond to of 7772

Shorty: <A couple years ago, there was an explosion on a 747-100 jet flying over Long Island, NY. As the plane ascended towards cruising altitude, the entire nose (pilot's section) of the jet blew off and was detached from the body of the aeroplane. Passengers in forward section of the body stared in horror at the open air knowing that they were doomed. Ironically, the headless body of that aeroplane actually ascended another three THOUSAND feet before it lost lift and took the big plunge. The moral of the story is that momentum will get you higher, but you need lift (earnings growth) to stay there.> You certainly get your point across with that one! Point well taken. I always need to remind myself that what has been so good at going up may at some point not do so. Good post.