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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: Jim B who wrote (1716)	7/6/1998 2:31:00 PM
From: AJ Berger	Respond to of 44908

Putting Internet Stocks in Perspective Richard Woo, networking analyst at Thomson Kerhaghan & Co., believes Internet-stock buying has spilled over into the telecommunications equipment and data networking equipment sectors in the past two weeks. "These networking and telecom companies provide key equipment to Internet companies, so we have some Internet-centered buying," Woo said. However, Woo stresses that investors looking for value should buy the equipment vendors instead of the Internet issues. "The equipment vendors are more solidly supported fundamentally," Woo said. Woo said upcoming financial results from Fore and Ascend next week, coupled with better-than-expected earnings from 3Com have renewed interest in the group. Woo notes that many equipment vendors are developing technologies that will build the Internet infrastructure and ready the transition into voice as well as data networking. Woo expects companies like Cisco, Lucent and Ascend to continue to grow at the same pace for the next two or three years, while many Internet stocks fizzle out. "Many of these Internet companies aren't even selling technology, they're selling things like books. Anybody can sell books!" Woo said. "There's reality and then there's just hype."