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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Market Tracker who wrote (10257)6/18/1998 11:52:00 AM
From: Dale Baker  Read Replies (1) of 18691
 
No one seems to know yet what this deal is really worth, it's just driving the other Internet stocks crazy.

I'm skeptical that these "portals" which the media biggies are buying now will still be the great gateways to the Web in five years. Only AOL has a solid subscriber base, and YHOO draws lots of traffic.

But the others are fairly replacable. I think the top execs at DIS, NBC and others are just throwing money at the situation without much of a clue what they are buying into or why.
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