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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Candle stick who wrote (2712)4/4/1998 9:21:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Step Aside! Here Come the 'Net StocksThe Internet stocks last week
continued their awe-inspiring run -- Amazon.com, Lycos, Yahoo! and the rest
of the crew all posted big gains. In some ways, it's not hard to
understand. The killer application for all those cheap boxes is Internet
access. Plunging PC prices make many investors nervous about the prospects
for mainline tech stocks. The supply of Internet-related companies in the
public market is still relatively slim, especially for institutional
investors seeking mid-cap and large-cap names. So the market keeps finding
new ways to ratchet up their already astounding valuations.</p>
<p>David Simons, managing director of Digital Video Investments, observes
that this year's mania for Internet stocks has spread far beyond the likes
of Yahoo! and He counts at least 39
Internet-related stocks that finished the first quarter with gains of at
least 25%. Of that group, 18 advanced 100% or better. We'd ask you to guess
which companies gained the most, but you'd never do it. So here goes.
Preview Travel, up 330%, tops the list. The rest of the best, with their
year-to-date gains: SmartServ Online, 225%. Sportsline USA, 201%.