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.

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

To: Jeff Olson who wrote (3342)	4/23/1998 9:24:00 PM
From: RFF	Read Replies (1) \| Respond to of 164684

Looking at after hours trading, it seems that most of the internet stock traded a point or two higher after the Infoseek news and then drifted back down to pretty much where they ended trading today - that even includes Infoseek - the last 3 trades were back down at $28 1/2. I think we might get a bounce in the morning as some scared shorts cover, but then the selling will start again. There isn't anybody out there who is going to step up and buy these stocks - except maybe Yahoo and AOL. If we do sell off again tomorrow - even after the Infoseek news - you can pretty much bet that the mania has cracked.

To: Jeff Olson who wrote (3342)	4/23/1998 9:49:00 PM
From: Eric D. Moody	Respond to of 164684

Jeff, I would beg to differ with you on the potential of Amazon. All they do is sell a commodity over the internet. This one will go down in flames. Eric

To: Jeff Olson who wrote (3342)	4/23/1998 10:12:00 PM
From: Don Westermeyer	Respond to of 164684

Jeff, Yes, I've heard from several people that i-net stocks cheap value plays now. Why to people think that, YIKES!