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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Money Maker (MM) who wrote (18015)	9/23/1998 2:24:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Seattle, Sept. 23 (Bloomberg) -- Amazon.com Inc., Yahoo! Inc. and other Internet-related shares surged on optimism that the Internet is becoming a mass market business after record numbers of users visited Web sites to read about the Clinton- Lewinsky scandal. Amazon.com surged 8 7/8 to 97 1/8 in midday trading, while Yahoo! rose 10 1/16 to 113. Other Internet gainers included Broadcast.com Inc., which increased 5 3/8 to 56 1/4, and Excite Inc. which gained 7 3/16 to 35 9/16. Consumers rushed to the Internet in record numbers to see President Clinton's video testimony on sites such as Broadcast.com and have been snapping up copies of the videos sold by No. 1 online bookseller Amazon.com. Many people read news reports, pored over Kenneth Starr's report and viewed the video on popular web sites such as Yahoo!, said analysts. ''That's a potential boon and cause for a lot of excitement. A lot of people are coming to the Internet for the first time'' to see the Starr report, said Jupiter Communications senior analyst Patrick Keane. Amazon.com's second best-selling item is the Clinton video, while Broadcast.com said late Monday that it had a record amount of people visit its site to see the Clinton video. Yahoo! shares are also rising on optimism from its expanded agreement with AT&T Corp. to market a co-branded Internet service, said analysts. That could help Yahoo! gain a larger audience, said Keane. Excite! Inc. signed an agreement with Dell Computer Corp. so that Dell computers will feature a link to a co-branded Web page. That will help Excite gain a larger audience as well. Inktomi Corp. rose 6 3/4 to 78 3/4, while America Online Inc. surged 6 1/2 to 112 3/8. CMG Information Services Inc. rose 6 1/4 to 52 3/8, while Lycos Inc. increased 4 1/4 to 32 1/8. Infoseek Corp. advanced 2 1/4 to 24 15/16 and Netscape Communications Corp. climbed 2 1/8 to 24 3/4. >

To: Money Maker (MM) who wrote (18015)	9/23/1998 2:30:00 PM
From: H James Morris	Respond to of 164684

Money flows, the difference between the value of trades made at a higher price than the previous trade and those made at a lower price, also appear for some stocks. These inflows and outflows show whether people are willing to pay more for a stock that's rising, or to sell a stock that's falling for less. If not, it's a signal the share price may soon change direction. Internet stocks: Internet-related shares surged on optimism that the Internet is becoming a mass market business after record numbers of users visited Web sites to read about the Clinton- Lewinsky scandal. Amazon.com Inc. (AMZN) rose as much as 9 15/16 to 98 1/4 and Broadcast.com Inc. (BCST) rose as much as 6 7/8 to 57 3/4. Analyst Keith Benjamin at BancAmerica Robertson Stephens said America Online Inc. (AOL), Excite Inc. (XCIT), Lycos Inc. (LCOS) and Yahoo! Inc. (YHOO) have the highest user-reach of World Wide Web sites, measured by home Web use. America Online rose as much as 6 7/8 to 113 and Lycos rose as much as 4 13/16 to 32 11/16 on an outflow of $1.81 million. Excite rose as much as 8 7/16 to 36 13/16 on an outflow of $8.38 million. The Internet-software company said it will provide its personalized start page for Dell Computer Corp.'s (DELL) new ConnectDirect initiative. Dell rose as much as 3 1/4 to 63 5/16. Yahoo! rose as much as 12 1/16 to 115 on an outflow of $3.06 million as AT&T Corp. (T), the largest U.S. phone company, said it expanded its marketing partnership with the No. 1 Internet search directory to create a co-branded Internet service. And God looked down from his silver cloud and said, "Gosh I created a greedy lot". God Bless America, Morgan Stanley and the Internet.