Most are not yet making a profit and with competition on theNet, they may never make one. The problem for these companies lies in the fact that they areattempting to do business in a completely different world with theirIndustrial Age business models. This is like applying Kansas businesspractices in Oz. The Iplex business modelis designed for the Information Age. The investment speculators have thrown their money into the Internetarena.
Speculators are gamblers.
They take big risks and often losebecause there is usually no fundamental value to the stocks they buy. The price is artificially inflated by their own speculation money. There were alot of young rich people in the room that night. Everyone was fat andhappy. It was very exciting.