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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Sir Francis Drake who wrote (25930)	7/13/1999 12:28:00 PM
From: Teflon	Read Replies (1) \| Respond to of 74651

Morgan, you make some terrific points. Actually, I've tried to maintain an evolving focus on the internet sector as it changes so quickly, and the traders in this sector are constantly trying to out maneuver historical patterns looking to repeat themselves. It's actually a lot of fun to watch. DCLK snuck a great deal by the management of NetGravity, and that's why DCLK's stock is trading up. YHOO, CNET, and AMZN are trading up, and I am watching them closely. I am noticing a difference between this Q and the prior Q. Overall, the Market is much healthier, and within the internet sector itself there has been an ongoing consolidation for the past week or so. What I like about this, however, is that this has been a consolidation, not a correction, and the LEADING BLUE CHIP Internet stocks may benefit and move northward sooner than anyone thinks. I also like the fact that many of the Money Managers on the Street are saying that the Internet Sector will not revisit their highs by the end of the year. When I start to hear that type of consensus, I get excited and it usually signals a great time to buy. If we can start to see some positive momentum within some of the internet leadership stocks such as ATHM, DCLK, AOL and YHOO, I think the sector may make a very bullish run sooner than anyone thinks, and actually surprise some people. Just my $.02, Teflon