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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (55869)	8/13/1999 8:47:00 PM
From: JD Writer	Respond to of 120523

IIJI: any insight what caused this little number to spike?

To: puborectalis who wrote (55869)	8/13/1999 10:20:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 120523

More comments on LCOS....Benjamin is hardly an Internet bear. He fully expects a rally to take place later in the fall and into winter. That will be driven "primarily by consumers moving up to a considerably higher level of spending online across multiple retail categories with real money flowing across the Web." In other words, he's counting on this year's holiday season to move traffic online and out of mall parking lots. But he's reluctant to call the bottom. Noting that there is "too long a list" of Internet stocks to choose from and that there are "strategic debates over almost every stock," he said the challenge is not to pick the low point for the sector, but to choose the stocks whose "fundamentals appear to be improving." In the current environment, "we suspect Yahoo! may be the least controversial stock and will rebound first." And, he said, "Lycos could surprise us next week by reporting a bit of profitability."