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To: waldo who wrote (2919)12/3/1998 10:30:00 PM
From: SOROS  Read Replies (2) | Respond to of 37507
 
If there's any consolation today, we were not alone in this sector (copy the URL below and paste it in your location window to see -- it's too long for SI, I suppose).

quote.yahoo.com

I just love the corruption in the market ANALysts. Was it not just a short time ago that these ANALysts were saying that the semis were terrible and their profits would be horrible and INTEL was in the same boat? Then the stocks hit bottom and guess what? All the ANALysts say the sector couldn't look better or be brighter. Bamm! New 52-week highs. These same ANALysts have now done the same thing to the Internet sector. I guess we wait until the light bulb goes off in their heads (read that, the prices have dropped sufficiently), and they say, "wow, the Internet really will make tons of money".