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To: Lucinos who wrote (18574)8/10/1999 5:38:00 PM
From: Mephisto  Respond to of 64865
 
Dear Lucinos, I found advice from a professional at CBS Market Watch about investing in Internet funds. Even though you don't own these stocks, you might find the article interesting.

cbs.marketwatch.com

Several net infrastructure companies like Sun and AT&T are diversified companies. In the past, they have not had to depend upon the Internet for their survival.

Eventually, there will be winners in the Internet. Which companies will win? That is the $64,000 question for me?

You own CSCO, LU, NT, SUNW, & MSFT. The only one I would worry about is MSFT and that is because the Justice Department intends to prove that MSFT is a monopoly.

Eric, from Sun, has said on this thread that Scott, Sun's CEO, believes future earnings will be good. Lucinos, unless you are on margin, I would not worry that much at this time. You own shares in quality companies.

And a market correction is healthy, as Alok, as has pointed out. Over time, I believe you will be just fine. The next few months could be rough, however.

Like you, I am an ordinary investor. I urge you to relax.

Sincerely,

Mephisto