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To: Jim McMannis who wrote (94990)1/4/2000 5:34:00 PM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
Jim, re: "I still expect the "quality" internet stocks to hold up resonably well"

The only Internet stocks I consider "quality" v. their valuations are the infrastructure stocks (CSCO, etc.), and maybe AOL. Even those are overextended, but at least within spitting distance.

Stocks like YHOO & AMZN are very good companies, innovative and well managed. But they don't have a chance to catch up their valuations within my lifetime.

John