Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Market Tracker who wrote (10998)	7/6/1998 6:02:00 PM
From: Don Westermeyer	Read Replies (2) of 18691

Actually there are plenty of analysts 'cautioning' investors against going with the hype in the internet sector. biz.yahoo.com The Internet stocks were, once again, the darlings of Wall Street, but some analysts remained cautious amid rocketing share prices in the cyber sector. ''Everyone who has jumped on the Internet bandwagon until now has been right. If was a insider. I would be selling stock so fast,'' Bleier said. ''But the bottom line is we are in the midst of the greater fool theory, and at some point in time, the music stops and there will be a lot of pain,'' Bleier added. The American Stock Exchange's Internet Index (^IIX - news) closed up 6.18 points, or 1.58 percent, at 396.42.

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