Spank me if this is already posted.
From Briefing.com
That said, I'm not backing down from the point made on Tuesday concerning the Net sector... The old rule - buy anything ".com" - no longer applies... The influx of supply combined with steady to dwindling demand (sharp correction tends to do that), means that the investors need to be more selective... There are still going to be big winners in the Internet industry, but we are also going to be seeing more and more losers... Those companies with some combination of actual earnings [Yahoo! (YHOO), CNet (CNET), America Online (AOL), go2net (GNET), Net.B@nk (NTBK)], proprietary technology [Inktomi (INKT), InfoSpace (INSP)], proven management [Yahoo! (YHOO), CNet (CNET)], strong brand awareness [Amazon (AMZN), E*TRADE (EGRP)], market dominance [America Online (AOL), RealNetworks (RNWK), USWeb/CKS (USWB)] likely to be the best bets going forward.
Robert Walberg
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