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To: Glenn D. Rudolph who wrote (26101)11/15/1998 10:02:00 PM
From: Techie  Read Replies (1) | Respond to of 164684
 
Yes, but you know how WS operates on buzz... basically the word spreads quickly. Several traders on Friday were talking about a top for net stocks. Not a forever top, but perhaps a '98 top.



To: Glenn D. Rudolph who wrote (26101)11/16/1998 11:09:00 AM
From: Rob S.  Respond to of 164684
 
I think we are at or near a top on most Internet stocks. Some may still spike up as multitudes of Investors look at the miraculous gains made in these stocks and jump in at the last moment. Many might have thought these stocks to be over valued before the recent move up but now will decide that they were wrong and why not risk some money to join the parade. This is desperation buying. The stocks that spike up will be primed for a fall. Get your bets in on a few and if they hit, it will end up as money in the bank.