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To: garrick le who wrote (14436)10/7/1998 6:30:00 PM
From: Stephen  Read Replies (2) | Respond to of 27307
 
garrick le, given that advertising is one of the first things that gets cut in company budgets, I disagree that the internets are 'shielded' from a slowing economy.

Regards

Stephen



To: garrick le who wrote (14436)10/7/1998 7:38:00 PM
From: Shtirlitz  Respond to of 27307
 
<<You forget that internet sectors is pretty much shielded
from a slowing economy unlike software or networking stocks.
Shorties will suffer tomorrow ... but it depends on market
condition as well.>>

Wrong. Internets are not immune to the resession. Look at SPLN.
Today they have reported a shortfall in advertising revenues.
Thats why internets were tanking today. Smart people realized that internets are not invulnerable.

That was a sign of trouble for longs. Bail out continues.

Especialy with today's events and those words from YHOO management.

Stay short.



To: garrick le who wrote (14436)10/7/1998 9:06:00 PM
From: wiley murray  Read Replies (2) | Respond to of 27307
 
GL:Thanks for your comments. I look for the market and YHOO and AOL to be down considerably tomorrow,along with other net stocks.We are in a bear market and funds will be dumping high pe stocks big time this month.



To: garrick le who wrote (14436)10/7/1998 9:39:00 PM
From: Mike M  Read Replies (1) | Respond to of 27307
 
If the market rebound,YHOO will be 130 tomorrow ...
if the market stinks like today ,YHOO will be 110

It is going to be a long time before YHOO sees 130....