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Technology Stocks : Avalon Group, Inc.

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To: X-ray Vision who wrote (1318)	6/18/1999 3:03:00 AM
From: Madeleine Harrison	Read Replies (1) of 1530

Excerpt from a piece entitled Companies Launching New Web Sites & IPOs Provide Shelter From Stock Market Storm According to Matt Ragas at ragingbull.com regarding e-health, "it's a market that still has no clear-cut leader ... Internet investors seem transfixed by the potential size of the online health care market -- and don't think for a minute that it's only neurotic day traders who are falling head over heels for an online health care play like DrKoop.com. The professional venture investor is also diving into this sector headfirst. Even more telling than DrKoop.com's impressive IPO run-up is the amount of money that venture capitalists have been pumping into online health care in the past two weeks. Well known names like News Corp. (NWS), ETrade (EGRP), General Electric's (GE) GE Equity, Soros Fund Management and Sequoia Capital have all made recent investments in the online health care arena."

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