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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: kendall harmon who wrote (56866)	8/22/1999 3:12:00 PM
From: JLIHAI	Read Replies (2) \| Respond to of 120523

Interesting article. Thanks for posting it. JL

To: kendall harmon who wrote (56866)	8/22/1999 8:38:00 PM
From: kha vu	Read Replies (2) \| Respond to of 120523

Internet: <<<The Goldman Sachs Internet Index closed out the week with a 3 percent pop and score its second consecutive week of gains. The Munder NetNet Fund (MNNAX), on the other hand, has had a tough four weeks closing at $38.78, down 8.70% in that period, but for the year it is still up 38.90%. The Internet Fund (WWWFX) has followed suit as it closed down 10.20% for the past month at $27.53 for a YTD yield of 75.10%. The Science & Technology laden WWW Internet Fund (WWWIFX) has shown a lot less volatility to go with lower YTD returns as its four week return of negative 2.10% puts it up 34.10% at $21.33 for the year. TheStreet.com Internet Sector index closed the week at 549.14 as money is flowed back into the sector. Online auction and retailing firms such as EBay (EBAY), Onsale (ONSL), Global Sports Inc. (GSPT) and Bidhit.com Inc. (BHIT) breathed a bit easier as several reports forecast healthy online advertising and shopping in the coming months. In his weekly Net wrap-up, Keith Benjamin, an Internet analyst at BancBoston Robertson Stephens, advised investors to be "ready, aim" and then "buy." Benjamin pointed to the recent Media Metrix shopping report that showed online shopping activity in July was unexpectedly strong despite expectations of the summer blues. "We view the continued momentum of online shopping as extremely positive and another indication of a potentially huge online holiday shopping season to come." He upgraded his outlook on the Internet sector as the market "moves out of the summer doldrums and investors begin to focus on Q4 seasonal strength in the three major B2C value-drivers: traffic, advertising, and commerce." >>>>>>