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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: bullmarket who wrote (17349)	7/7/1998 5:03:00 PM
From: Howard C.	Respond to of 50264

Here's today's comment from CBS MarketWatch: Skyrocketing Internet stock prices are due to plain old economics, according to an experienced Net company investor and venture capitalist. "There isn't really much stock available in some of these companies," Fred Wilson, managing partner of Flatiron Partners told CBS.MarketWatch.com. "A lot of the shares of companies like Amazon.com (AMZN) have been shorted (borrowed), and the shorts are getting squeezed and they have to cover. That sends the prices higher."