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Technology Stocks : Netscape - the REAL blockbuster? -- Ignore unavailable to you. Want to Upgrade?

To: Copeland who wrote (49)	7/6/1998 9:40:00 PM
From: Merlo	Respond to of 137

Looks like all the lemmings may be caught out in the open. This all reminds me of the Bio-Tech rage a few years ago. Glad I bought puts to cover my rear since I'm still in. These prices are insane. Put premiums on Yahoo and the other net stocks have skyrocketed. Yahoo almost $200 Wow. I might as well give up on blue chips like GE,KO, and follow the lemmings into fantasy land.

To: Copeland who wrote (49)	7/7/1998 8:19:00 AM
From: Steve Andrew	Read Replies (1) \| Respond to of 137

To all... I am unsure what catalyst will occur to signal the precise end to this mania. Maybe it will be Yhoo's earnings, maybe a rash of insider sales? I am sure it will happen. Right now, Jeff Vinik and his merry band of short-squeezing hedge-fund pals are the "box" in stocks like YHOO and AMZN and are forcing these names as high as possible. He is a lousy stock picker, but a greedy squeezer and very talented manipulator. He knows not to try it in a larger float stock like NSCP for very long so that one will weaken earliest. Also the "trick" of announcing stock splits engages the Wade Cooks' of the world who prey on the stupid and unknowing to create this momentum driven mania. All of this WILL end badly for the public that trades this stuff with those mo-driven styles. No tears here though.