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To: Mama Bear who wrote (64672)	6/25/1999 3:59:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 164684

I read reports of buying in the 20's

To: Mama Bear who wrote (64672)	6/25/1999 7:08:00 PM
From: Glenn D. Rudolph	Respond to of 164684

INTERNET STOX (STORY #564).... Speaking of 'nets, more info from Mary Meeker (INTERNET GODDESS). They all did a screen of top Internet IPOs from the past three years. Pretty Chillin' (stone cold and effect)! Ready? In 1997, there were 16 (significant/real) Internet IPOs; only one (poor Peapod!) is selling below its first-day close. In 1998, there were 25 Internet IPOs (that's all?!), of which seven are trading below their first-day close! And now, get this, in 1999 (so far!) there have been 65 Internet IPOs and 49!--49!!--are selling below their first-day close. What? Well, more and more. And more and more of it junk! Or so the invisible hand says!! fortuneinvestor.com