Internet Search Engines - The New Conglomerates? Message Board

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Technology Stocks : Internet Search Engines - The New Conglomerates?

YHOO 52.58

0.0%

Jun 26 5:00 PM EST

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To: TFF who wrote (66)	4/23/1998 4:39:00 PM
From: Rudy	Read Replies (1) of 165

Irby, great opportunities are in the making IMO. Look at these numbers: SEEK 36% down from top XCIT 34% down from top LCOS 30% down from top YHOO 12% down from top (Only one that resists freefall, no wonder they always say buy the leader) Anyway, as you know a 33% fall brings the price to a level equal to its value pre-50% raise. So these declines are very significant. I have traded SEEK and LCOS successfully and still believe in these companies. Once the mania cools totally and the guy in the street gives up his shares, the second wave will begin IMO. I will be there to buy my piece. Take care.

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