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To: IdiotJed who wrote (2742)	12/2/1998 5:03:00 PM
From: waldo	Respond to of 37507

>>''There is still a lot of demand (for Internet stocks), especially IPOs, because investors are looking to get onto the ground floor to invest in Internet stocks,'' said Steven Tuen, an analyst at IPO Value Monitor.<< >>Online retail is a hot area these days. The largest online retail category in the U.S. is expected to be computers and consumer electronics -- an industry that is forecasted to grow to $10.5 billion by 2002, according to Jupiter Communications.<< Wednesday December 2, 3:03 pm Eastern Time uBid IPO seen hot despite dip in Internet stocks By Reshma Kapadia NEW YORK, Dec 2 (Reuters) - Although Internet stocks have taken a beating and retraced some of their exponential gains this week, analysts still expect online auctioneer uBid Inc. to have a successful initial public offering. ''There is still a lot of demand (for Internet stocks), especially IPOs, because investors are looking to get onto the ground floor to invest in Internet stocks,'' said Steven Tuen, an analyst at IPO Value Monitor. biz.yahoo.com W

To: IdiotJed who wrote (2742)	12/2/1998 5:07:00 PM
From: waldo	Read Replies (1) \| Respond to of 37507

>>"The Internet stocks were up so much yesterday, we're giving back a little today," said Craig Peskin, a market analyst at Merrill Lynch. "After a quick sell-off that started Monday, we recovered some of that loss," he said, referring to Tuesday's rebound. <Picture>Breaking NewsStocks hit -- grim Dow news New home sales strengthenE-Tek Dynamics hits a double in debutBoeing shares slip on profit warningGold holds its allure for some folks More top stories...CBS MarketWatch ColumnsUpdated: 12/2/98 4:13:32 PM ET<Picture> But not all of it. "We could see a continuation of that weakness starting some time in the next week," Peskin said.<< cbs.marketwatch.com W

To: IdiotJed who wrote (2742)	12/2/1998 5:34:00 PM
From: Moneysmith	Respond to of 37507

To Idiotjed <<internet stock analyst>>.... My comments were strictly general and nothing was intended with respect to any comments you might have made. It is just interesting to note that Wall Street has these people on the payroll and as an analyst myself I am in awe of their ability to write reports on these companies and project future growth. Warren Buffett summed it up by saying that if he was a business school prof and some student offered a valuation model for a net stock...he would flunk him on the spot. Cheers.