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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (7562)8/7/1999 10:55:00 AM
From: Allan Harris  Read Replies (3) of 15132
 
** Bottom Fisher Alert **

The Internet Sector's Bullish Percent Point and Figure chart is at 18, dropping from a high of 68 in July. A reversal up from here would provide a buying opportunity for nimble traders or a lower risk buying opportunity for those seeking to initiate longer term positions. Two ideas to consider are CMGI and ICGE. The latter, Internet Capital Group, went public Thursday at 12 (my price as a shareholder of SFE) and closed Friday at 30 and change. Both of these companies are similarly situated as Internet "incubators," holding companies that between them have equity interests in over 75 developing Internet companies. Both are run by experienced, proven management in a sector that will dominate economic growth in the coming years.

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