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Technology Stocks : Internet Guru Discussion

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To: Gary105 who wrote (1165)	4/20/1999 12:15:00 AM
From: steve harmon - analyst	Read Replies (4) of 4337

think of a boiling pot of soup, parts are bubbling over and parts are not saying the entire internet sector was a "bubble" is like saying that pot of soup is one big bubble bubbles appear here and there in specific sectors or companies and the corrections just take those bubbles out if like today and part of last week the entire sector gets caught in the splash then i consider it an over-reaction to some froth here and there in an over-reaction i look at market leaders first to see if they show value potential then i look at second-tier stocks just under the top 30 in terms of overall web users (mediametrix.com data) i think the correction may not be finished yet but that it may provide a buyer's round soon, especialy in market leaders off 30% or more from their highs

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