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To: Steve Smith who wrote (738)	4/14/1998 11:06:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

I won't short any Internet-related stocks until the bellweathers dump 10 - 20%. I want to see the momentum money get out and move to another sector. Then you will see a lot of balloons go pfffffffft! as the air shoots out and they tumble to the ground. With so many players it is hard to say which will fall and which will hold up. My Internet watch list gets longer every day. In value terms, most aren't worth anything near their current market caps, and only a few will make enough money to get there (among which I count OMKT based on their recent patents and license deals). Whether it's next week, next month or later this year, I think there is money to be made on the short side, just like there was on the long side.