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To: umbro who wrote (8988)7/6/1998 11:17:00 AM
From: JF2155  Read Replies (1) | Respond to of 164684
 
Gary --this is unreal seeing INKT moving up like this -I believe there is a major blow out coming soon in this market . Its not like the internet is new to wall street.heck MSFT and IBM are the major players and nothing is happening .
JIM



To: umbro who wrote (8988)7/6/1998 11:49:00 AM
From: Tenpole  Respond to of 164684
 
Here's another one for the "How Do They Justify The Price?" pot:

NETG. Netgravity are a fresh IPO and have almost trebled in the last three weeks. There is no story, nothing but a good company in a tight Internet vertical with a bit of a premium to the market at their IPO level. But nothing special and with a lot of competition in their space.

All I know is that when the market pulls the trigger (for the shorts), it is going to be very bloody out there.

One thing more; people talk and write of this as if it has never happened before; it has. The last time Internet stocks ramped (ie doubled and trebled) on the back of tech hysteria was in late 95. Look at Netcom; in July 95 they were $26, in November $91. By the end of February 96 they were $26 again.

Take a deep breath...

T