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To: waldo who wrote (3855)	12/23/1998 10:26:00 PM
From: waldo	Read Replies (2) of 37507

>>''Any time there is good news for any major Internet stock, it gives a boost the whole group,'' said Peter Coolidge, senior equity trader at Brean Murray & Co. ''It helps validates the sectors.''<< >>Analysts said that part of the recent rally in technology shares is the result of portfolio managers striving to show the market's hot stocks on their 1998 balance sheets. ''If you're a portfolio manager, you've got to play where things are moving and this is the only game in town,'' said Roy Blumberg, chief investment strategist at First Allied Securities.<< biz.yahoo.com W

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