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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Elwood P. Dowd who wrote (32051)	8/31/1998 10:30:00 PM
From: Night Writer	Read Replies (2) \| Respond to of 97611

by Frank Barnako and Darren Chervitz, CBS MarketWatch Net stocks take another (blood)bath NEW YORK (CBS.MW) -- For the third straight session, Internet stocks took a bath Monday. Stocks were dunked across the board, with shares of numerous Web companies losing more than 20 percent of their value. Just take a look at how far some Net stocks have fallen off of their 52-week highs, many of which were reached only a month or so ago: Amazon.com, off 42 percent from high of 147 (reached on July 21); Egghead.com, off 79 percent from 29 1/8 (July 13); Preview Travel, off 63 percent from 44 (July 2), Cyberian Outpost, off 66 percent from 26 (July 31); Broadcast.com, off 49 percent from 74 (July 17); SportsLine, off 50 percent from 39 5/8 (April 16); Yahoo!, off 33 percent from 103 3/4 (July 7); Excite, off 61 percent from 55 1/2 (July 7); America Online, off 42 percent from 140 1/2 (July 21); CNET, off 48 percent from 74 1/2 (July 24); RealNetworks, off 59 percent from 48 1/4 (July 21); DoubleClick, off 69 percent from 77 1/8 (July 2): Exodus Communications, off 46 percent from 53 (July 21); At Home, off 50 percent from 57 1/4 (June 25); Concentric Networks, off 61 percent from 41 (July 7); and CMG Information Services, off 58 percent from 91 3/4 (July 21). Has anyone but me been tempted to short an internet stock? NW