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Technology Stocks : USWeb (USWB)

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To: John Veltheer who wrote (799)4/28/1999 10:52:00 PM
From: Joe Veres  Read Replies (1) of 1188
 
John,
I agree that the technicals really stink on USWB right now and my big fear is that I see nothing in the immediate future to stop the current downslide. In general most of the internet web stocks confuse the crap out of me. I didn't get into EGRP in the low twenties and missed out on a small fortune. I did however get into DBCC in the mid teens and made a handsome profit. AOL looks tempting after it's recent slide but its still trading at some 350 times 99 earnings. USWB looked really good at the end of March and has done nothing but toilet bowl ever since. I was hoping that USWB would perform more like CMGI but it looks to be a long, long, long time before that may ever happen.
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