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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Market Tracker who wrote (10998)	7/6/1998 4:52:00 PM
From: craig crawford	Read Replies (1) \| Respond to of 18691

>> What I find particularly disconcerting about YHOO and the other internet issues, is NO analyst is willing to step to the fore and downgrade any of these issues on a price valuation basis. << Plenty of analysts have lowered their ratings on internet stocks...only to watch them double.

To: Market Tracker who wrote (10998)	7/6/1998 6:02:00 PM
From: Don Westermeyer	Read Replies (2) \| Respond to of 18691

Actually there are plenty of analysts 'cautioning' investors against going with the hype in the internet sector. biz.yahoo.com The Internet stocks were, once again, the darlings of Wall Street, but some analysts remained cautious amid rocketing share prices in the cyber sector. ''Everyone who has jumped on the Internet bandwagon until now has been right. If was a insider. I would be selling stock so fast,'' Bleier said. ''But the bottom line is we are in the midst of the greater fool theory, and at some point in time, the music stops and there will be a lot of pain,'' Bleier added. The American Stock Exchange's Internet Index (^IIX - news) closed up 6.18 points, or 1.58 percent, at 396.42.