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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: BoNg-N-BoNg who wrote (18025)7/28/1999 4:05:00 AM
From: BoNg-N-BoNg  Respond to of 43080
 
internet big caps.. perhaps this answer my own curiosity.. is this meant that fall/winter will be another wild upride?? well good morning, I'm going to bed cause I'm using less online today and the next day and the rest of summer!

>>>Internet stocks failed to participate in the recovery, with top names in the group extending their retreat. Yahoo Inc. fell 3 to 131-5/16, Amazon.com shed 4-15/16 to 101 and Ebay Inc fell 4-13/16 to 99-9/16.

Frank Drazka, head of technology investment banking at PaineWebber, said the downturn over the last three weeks stemmed in part from investors' new realization that Web usage slackens during the summer. "We're really starting to see the impact of the summer cycle" as people head outdoors and use the Internet less, he said. <<<

marketwatch.newsalert.com