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To: Bill Harmond who wrote (60775)6/5/1999 4:01:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Hi William.

>> much more wealth has been created by the Internet stocks than destroyed by them..I think that will continue for years to come.
<<

Yes, but only for two classes of market players. The insiders and the skilled traders who sell into the frenzy and buy into the depression. My opinion is that there will not be outsized gains for anyone else. Think of PCLN, eToys, TSCM, MKTW and all the new IPO's including IVIL. Like anything else, some people can squeeze money from a rock, the rest will washout and leave their money behind.



To: Bill Harmond who wrote (60775)6/6/1999 9:39:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Sarmad, much more wealth has been created by the Internet stocks than destroyed by
them..I think that will continue for years to come.


Wrong!