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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: MskiHntr who wrote (2577)8/1/1998 11:01:00 AM
From: Bill Fortune III  Read Replies (3) | Respond to of 15313
 
What is happing to the MM's and hedge fund managers who have been playing with Internet stock sector of late?

Except from: "Internet Stocks: Buckle Your Seat Belt- We'll Show You How" copyright Raging Bull

<<From the crowded message boards of Yahoo! to Silicon Investor, Internet related stocks have generated more postings, rumors, arguments and name- calling among investors than any other area of the market. IN THE MADNESS, SOME HEDGE FUND MANAGERS HAVE ATTEMPTED TO "SHORT" MANY OF THESE INTERNET HIGH FLYERS ONLY TO WATCH IN DISMAY AS THESE INTERNET STOCKS CONTINUE TO RISE. Analysts attribute much of the Internet stock sectors recent rise due in large part to the enthusiasm of retail investors using online brokers to continually scoop of more of their favorite Internet stocks.

Heck, after getting burned one too many times, some hedge fund managers will no longer even take positions in Internet stocks.

"I can't imagine anyone who is still shorting these guys," remarked Randy Hanley, an analyst at Duncan-Hurst Capital Management. "I got out of this game a long time ago." >>

YOU CAN READ THE COMPLETE CONTENT OF THIS ARTICLE BY GOING TO:
Internet Stocks: Buckle Your Seat Belt- We'll Show You How
July 26 - 12:05 AM
By Matthew W. Ragas, Editor, "CyberStock Investor Report"
209.67.31.6

Regards,

Bill Fortune III