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To: Fitz who wrote (37866)	7/27/1999 8:01:00 AM
From: Rarebird	Respond to of 116768

NEW YORK, - Internet shares languished in the summer doldrums on Monday, causing share prices to droop following quarterly earnings reports which reminded investors of continued losses. ''The bubble is bursting a bit this week,'' said Peter Coolidge, head equities trader at Brean Murray & Co. ''We are getting to the stage in which Internet companies cannot continue to say everything is in the future. Amazon is still losing money at a pretty good clip.'' Amazon.com Inc.'s (Nasdaq:AMZN - news) shares fell 6-1/16 to 108-1/2 on Monday, after telling analysts in a conference call last week that the company would continue to report deep losses,despite sharply higher revenues. Yahoo! Inc. (Nasdaq:YHOO - news) fell eight to 137-3/4, although earlier in the month it hadreported revenues which beat expectations. It too, is operating at a loss. PS Greater fool theory getting questioned?