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But if it took the pros years to catch on, maybe these companies are more valuable than the revised opinions as well. I wouldn't get carried away with this logic. EBay at 7,600 times earnings a share (market average: 28) is a huge leap. There are good reasons to hop the Internet rocket. But do it on pullbacks, with a fund or basket of stocks--and money you can afford to lose.
See time.com/personal for more on IPOs. E-mail Dan at kadlec@time.com And see him on CNNfn Tuesdays at 12:45 p.m. E.T.