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To: Glenn D. Rudolph who wrote (63328)	6/18/1999 4:56:00 PM
From: Rob S.	Respond to of 164685

GTE is introducing a site that indexes all products available on the web: internetnews.com <Using advanced patent-pending classification technology from GTE Laboratories, GTE Directories Corp. is building the database, which will be the foundation of SuperPages.com's new shopping engine. The shopping engine, which will be featured in the redesigned SuperPages.com site available at the end of June, "will allow consumers for the first time to obtain a complete list of the online storefronts that sell specifically what they are looking for," the company said. "If there is a product out there for sale, our shopping spiders will find it -- no matter who is selling it," said Earl A. Goode, president of GTE Directories. "SuperPages.com will change the online shopping experience by offering an immediate and complete list of online merchants that is tailored to meet the user's specific needs."> Hmm . . . seems to me that consumers will be able to find the lowest price for whatever they want anywhere on the web. You wouldn't imagine that that will drive down margins for resellers such as Amazon.com? Maybe the new paradigm of the Internet is different than what many people think - yes massive volumes of sales, but no, margins will be severely squeezed because of price competition. What's more, I think that this will be a trend - all the yellow pages and search engines will have to move toward this model.

To: Glenn D. Rudolph who wrote (63328)	6/18/1999 5:01:00 PM
From: Olu Emuleomo	Read Replies (1) \| Respond to of 164685

>It appears you continue to look for breakouts. << Glenn, When I checked my trading history in '97, I discovered that 70% of my profits were made in less than one week and the culprit was...breakouts. That was a revelation for me. It is the opposite of catching a falling knife. Instead you jump aboard a rising star. The problem is sometimes, the breakouts fail and can lead to devastating losses. However, I have a remedy for that. For every buy-stop, there must be an equal and opposite sell-stop! --Olu E.