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To: Mark Fowler who wrote (79225)	9/30/1999 9:32:00 PM
From: Glenn D. Rudolph	Respond to of 164687

t does but actually i haven't seen many sites that do look good for selling products online yet. It's early and i think broadband will change this in time. Mark, I can't argue with that statement and tend to agree. It is difficult to predict the future and how it will change. I do not want to underestimate the consumer either in that this may be a lot of people's cup of tea. I can't say I know. Glenn

To: Mark Fowler who wrote (79225)	9/30/1999 9:40:00 PM
From: Glenn D. Rudolph	Respond to of 164687

Internets a bit firmer amid profit-taking, rate worries By Ian Simpson NEW YORK, Sept 30 (Reuters) - Internet shares were slightly firmer Thursday, showing strength despite some profit-taking and concerns about interest rates. The 40-share Dow Jones Internet index <.DJINET> was up 0.67 point, or 0.28 percent, to 236.12 in early afternoon. The barometer for the volatile sector is down 26 percent from its record close in April but has risen almost a third since early August. Wall Street shares were firmer overall, with the Dow Jones Industrial Average up 90 points. Lawrence York, portfolio manager at the WWW Internet Fund in Lexington, Ky., said markets were still unsettled by concerns about the Year 2000 computer bug and the possibility of higher interest rates. The Federal Reserve's rate-setting panel meets Oct. 5. "In general, people are a bit concerned about the market still," he said. However, Internet shares were showing underlying strength as they come back from a selloff that began in April and most recently bottomed in August, he added. York noted "a little bit of profit-taking" in retailer Amazon.com Inc. <AMZN.O>. The company's shares roared up more than $14 Wednesday after Amazon said it would open an online mall for small vendors, zShops, as one of several new services. Amazon.com was off 13/16 at 79-15/16 Thursday afternoon. In a report, Bear Stearns analyst Scott Ehrens said zShops would not give Amazon.com a competitive advantage, "but rather puts it on a level playing field with Yahoo! (Inc.) <YHOO.O> in providing e-commerce opportunities for smaller vendors." Yahoo!, an online media network, was off 7/16 at 178-7/8. Flycast Communications Corp. <FCST.O>, a Web advertising agency, was up 7-11/16 to 45-11/16 after Internet venture capital company CMGI Inc. <CMGI.O> said it would buy the company in a $559 million stock swap. CMGI was up 2 at 102-5/16. The Internet sector was also bolstered by Internet software company BroadVision Inc. <BVSN.O>, which announced a three-for-one stock split. The shares were up 11-13/16 to 133-3/4. 859-1879)) REUTERS Rtr 16:18 09-30-99