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To: WVMayor who wrote (526)	8/1/1998 3:24:00 PM
From: Bill on the Hill	Read Replies (1) of 40688

From Raging Bull newsletter. For more go to ragingbull.com _____________________________________________________________________ No sector has enjoyed more of a dizzying run this past year than Internet stocks. Anywhere any investor seems to turn these days they are bombarded by news about the next highflying Internet stock. Be it a sizzling Internet I.P.O. like Inktomi (INKT) or possibly DoubleClick (DCLK) - the home runs just seem to keep on coming. Even penny stock hucksters have gotten into the action, hyping proverbial stinky stocks such as ProNet Link (PNLK) to new levels before watching dumbfounded investors wise up and hit the exit in droves. >From the crowded message boards of Yahoo! to Silicon Investor, Internet related stocks have generated more postings, rumors, arguments and name- calling among investors than any other area of the market. In the madness, some hedge fund managers have attempted to "short" many of these Internet high flyers only to watch in dismay as these Internet stocks continue to rise. Analysts attribute much of the Internet stock sectors recent rise due in large part to the enthusiasm of retail investors using online brokers to continually scoop of more of their favorite Internet stocks. Heck, after getting burned one too many times, some hedge fund managers will no longer even take positions in Internet stocks. "I can't imagine anyone who is still shorting these guys," remarked Randy Hanley, an analyst at Duncan-Hurst Capital Management. "I got out of this game a long time ago." ____________________________________________________________________ Does the old saying, "Even bad press is good press." apply here? Bill on the Hill

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