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Technology Stocks : NetGravity [NETG] -- Ignore unavailable to you. Want to Upgrade?


To: Warren Hampton who wrote (83)7/7/1998 7:07:00 PM
From: JOHN CHEN  Read Replies (4) | Respond to of 589
 
Yes, tomorrow NETG will get the 3 recommendations- 2 prior to market and one during or after market close.

I have cashed out all my NETG yesterday as I have said. I think the internet momentum will continue to cool off, and thus the recommendations will only meet with investors want to cash out.

The wild card is YHOO since it will report earning tomorrow after the bell.

This is what I believe will happen tomorrow- all internet stocks will open down and towards end of the day, YHOO could lead a rally.

I also believe the rally will be short lived. YHOO is expected to annouce a split, but I doubt their earning is anything to write home about. See YHOO news in which the company has warned the street about posting a loss after certain charges. I believe the rally, at most, will end on the closing of Thursday.

I also think the following week could be very tough for all stocks. I strongly believe when you guys see INTC earning, your faces will turn blue! My sources tell me that INTC is dead meat! be careful of a major correction like the one we had in 96'!