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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Bald Man from Mars who wrote (18931)2/17/2000 3:09:00 PM
From: HG  Read Replies (1) | Respond to of 63513
 
I was planning to buy some in support LOL - I see it has a support in sixties ????



To: Bald Man from Mars who wrote (18931)2/17/2000 3:38:00 PM
From: long-gone  Respond to of 63513
 
242

Ask Jeeves, Investors File With SEC to Sell $150 Mln of Stock
Emeryville, California, Feb. 16 (Bloomberg) -- Ask Jeeves Inc. said the company filed with the U.S. Securities and Exchange Commission for the sale of $150 million of shares by the Internet question-and-answer service and investors, after an almost six- fold increase in its share price since July.

About $100 million of shares will be sold by Ask Jeeves and $50 million will be offered by investors. ...
Bear stages sneak attack on Net stocks Nasty swipe bursts bubble, leaves e-stocks bleeding
By Matt Krantz

and James Kim
USA TODAY

Time to face the hard truth: The Internet bubble has burst.

The carnage is easy to miss. After all, a steady stream of Internet companies are still selling stock to the public; many still double, triple or more on their first day of trading. And the USA TODAY Internet 100 index is up 72% from its inception last June. For the year, it is up 6%.

But dig deeper, and the landscape gets ugly fast. On average, each stock in the Internet 100 is down 38% from its high, which by even the most optimistic definition qualifies as a bear market.

Throw out companies such as Cisco and Broadcom that serve other companies -- the currently hot business-to-business sector called B2B -- and it's very clear just how much some Internet investors are suffering: The USA TODAY e-Consumer 50, a subindex focused on popular firms that primarily serve consumers, is down 16% for the year and 24% off its high.(cont)
usatoday.com