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: umbro who wrote (8937)	7/6/1998 12:43:00 AM
From: umbro	Read Replies (1) \| Respond to of 164684

In this weekend's Barrons: Daily market commentary typically provides about as much intellectual nourishment as popcorn. Which is why we're happy to say a kind word about a fellow named Bill Meehan, whose unenviable job is to ruminate about the market every morning in a fax we get from Cantor Fitzgerald, but who does it with more than a modicum of wit and admirable clarity. We were particularly taken with his closing comments Thursday morning: "... The big surprise of the summer may be just how high, and how exuberant, the market will get, and I still believe the telling sign may be when the 'Net stocks break. The bigger surprise may be just how quickly the bubble bursts, especially to those millions of investors and thousands of 'pros' who have never seen the market go down. Where, oh where, will second-half earnings growth come from? The fireworks over the next few months promise to be far more exciting than those over the weekend." </i? source: "Up and Down Wall Street", Alan Abelson.

To: umbro who wrote (8937)	7/6/1998 8:15:00 PM
From: Street Walker	Read Replies (1) \| Respond to of 164684

Mr. Cohen - Merill Lynch Internet Specialist CNBC interviewed Mr Cohen after the market closed. They interview him every so often to give the audience an idea what is happening to the internet sector. He explained the craze of the '70's being automobile stocks, the craze of the 80's being biotech, and the craze of the 90's being internet companies. When asked his view on the high flyers, he said what he is seeing is not investors coming into the stocks, but shorts covering - and this is what is the main drive upward in the recent days. When asked what he sees as value oriented internet stocks, he said "We are telling customers to buy AOL, LCOS, and NTKI". I'm hoping to see NTKI continue a nice ride up. S.W.