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Technology Stocks : FBN Associates: A Perfect Company

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To: Jeffrey S. Mitchell who wrote (1269)7/1/1998 9:49:00 PM
From: Don Pueblo  Read Replies (1) of 2117
 
It's crazy. This DCLK was clicking off half points on 2 or 3 hundred shares! It was insane. Yahoo's market cap is psychotic. So is Lycos and Amazon.com. The only reason SEEK is not at 80 is because nobody can figure out what the Disney takeover is actually worth. It's like the tulip bulb thing in the Netherlands back in the 17th century or whenever it was.

I tell you, it is nuts. These internet stocks are squeezing the shorts in a major way. I'll bet AOL goes to 200 bucks. Trading these things is like being in a fistfight. You don't know you lost until you wake up.
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