Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Solipsist who wrote (16039)	12/30/1997 5:06:00 PM
From: Judy	Read Replies (3) \| Respond to of 50167

Hi S, By "options flux" I am referring to price fluctuations that occurred about 7-8 trading days before expiry. During this period hedge/options positions unwind and clear. AOL and other internet stocks will probably calm down once the holiday promos and internet shopping announcements are over. ****************** From Briefing.com INTERNET STOCKS: This sector, like may others in the stock market, stopped trading on fundamentals a long time ago. However, for the first time in a long while, there is a reason, that can be perceived as legitimate, for the groups' impressive advance over the past week. Believe it or not, Internet stocks are now being viewed as a safe-haven: an area of the market that is largely shielded from the Asian contagion. Second, and most important, is the prospect of strengthening ad revenues. By and large, online advertising revenue was anemic in 1997. However, analysts and researchers have recently become extremely bullish on ad rates and revenues for the coming year. Will there projections prove to be correct once we tally up the numbers a year from now? At this point in the game it really doesn't matter. What is important is that investors are buying it. Just take a look at the most prominent Internet names and see what you find: America Online (AOL) +3% and less than 3% from its one-year high; Yahoo (YHOO) trading at a new 52-week high; Lycos (LCOS) +3% and less than 2 pts off its one-year high; Excite (XCIT) +5% and up 22% over the past week; Infoseek (SEEK) up 23% today.