Dan and Don,
As for the Internet stock basket picks, I agree with your list : AOL, AMZN, ONSL, YHOO and EGRP.
May be an interesting point of view might be also the internationalization capabilities of their underlying activities : AOL has gone global, and so has YHOO, may be even in a better way. AMZN is selling 30%+ of his books overseas, (and so are in reverse new european Amazons such as the french FNAC (www.fnac.fr)).
EGRP may one day go after other non-american markets, in a move that would piggy-back over what seems to me be Nasdaq intentions (WSJ had a fascinating paper on world markets globalisation somedays ago). ONSL is pure american only at the moment, to my knowledge.
May be EGRP is just crossing a desert. (I'm posting from Phoenix <g>).
I agree with you on AOL. I renewed my yearly subscription.
Just my two cents,
MiB |
