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Technology Stocks : BEST INTERNET STOCKS TO OWN IN 1999
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To: JOHN CHEN who wrote (12)2/24/1999 9:53:00 AM
From: AJ Berger  Read Replies (2) of 471
 
If you think in terms of these stocks being "overpriced"

then clearly you are in not in the correct frame of mind
to determine which Internet Stocks are good investments.
you are obviously looking at fundementally good companies
that just happen to serve the Internet as well as other
Network related systems. Real Internet Stocks are those
pioneers and majority players who are more likely to get
a firmer hold of their position on the Internet and grow.
Notice I don't suggest E-Commerce companies, as I feel
they will eventually out market each other into losses.
However DCLK and BCST are prime examples of unique
situations that would never exist had it not been for
the Internet, and the opportunities it holds for them.
Certainly many Internet Stocks are overpriced, as YHOO
is to other Search Engine/Web Portal sites, but even
YHOO is working hard to become so much more, and start
to justify its ridiculous overvaluation. DCLK and BCST
represent value in that they are the largest and most
innovative players in a part of the market where entry
for many more new players may be prohibative. I did'nt
really need YOUR recommendation on anything, I just
think you may be wrong in considering your stock list
actual Internet Companies, but I suppose that helps
draw attention to your thread, so go for it...

You also neglect to include AOL which is clearly the
very best Internet Play possible, though it's stock
appreciation this year may be less dramatic.
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