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Technology Stocks : Apple Inc.
AAPL 275.98+1.7%3:59 PM EST

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To: Richard Habib who wrote (22683)1/20/1999 5:31:00 PM
From: Andrew Danielson  Read Replies (3) of 213173
 
OT: Internet stocks: Orderly implosion?

Is anyone else impressed with the relative orderliness with which the Internet stocks seem to be deflating?

Since last Monday, January 11th, the indexes are mixed as following:

Dow: -2.5%
Nasdaq: +1.0%
S&P: -.5%

Meanwhile, the internet stocks plummeted:

Yahoo: -31%
Amazon: -38%
Ubid: -35%
Ebay: -27%

I worried that when the bubble finally burst that it might take the market (and AAPL) along with it. The early returns, thankfully, seem to indicate otherwise. . .

Andrew
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