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To: Blue Snowshoe who wrote (7)	12/31/1998 2:30:00 AM
From: Joana Tides	Respond to of 7442

Typed like lightning, this post is long.... Blue, thanks for the internet chart, and it's a comfort to see that you don't think these nets will fall so very low if they slip as to be too much of a discouragement to those who bought 'em last summer or at a dip this year. I think all investors in nets are in on the ground floor of something like telephone or tv in the beginning. The internet will change many aspects of our lives, and it will soon become available to those not willing to wrestle with the mindbending techchores of computer ownership, given the cable access/set top box phenomena that's coming. All this week I've had trouble getting online with both AOL and MSN - all those new subscribers on their new Christmas puters probably. Just last year, I was one of those. The holidays were a retail stampede, earnings for that and this year are coming up roses. I saw a post on a board someplace with this wise observation - "Once these Internets have earnings, they become automatically less popular, because then this outrageous P/E must be displayed". That makes perfect sense! More people want in on this than there are shares to go around; so the share price rises from sheer demand. To pay a $100+ share price for a stock with a P/E of 400+, whose service/product is Art, air,& imagination, flies in the face of conventional wisdom. These are as different from other kinds of stocks as American Equities are different from any in the world. If diamonds were scattered all over one's yard, who would ever pay thousands of dollars for one faceted gem? The thing is rarity & demand - the volume, movements, and volatility - it's NOT the tulip mania, it's NOT a speculative rush preceding a depression, it's DEMAND for a piece of the masterpiece this whole internet thing is! Not to mention the money to be made here, once the point of fear is passed. The high stock prices enable the tech Companies to do experiments so thereby accellerate research and development, then promotion & distribution, which creates even more demand. This is Communication and ENTERTAINMENT. So many times, I have told my daughter how I would have gone plum NUTS if I'd had the internet to explore when I was young! What fun, how fascinating, for a child and for teens! Remember, the generation that grew up on it is about to join the workforce. I don't think it's going to fizzle and go away. This is Ground Floor, pals. Going Up. How many people in your immediate lives do you know who are investing or trading (some can be called speculations but not all) in these techs/nets? I know hardly any - most are either not interested in paying much attention to their investments or are scared off by the patter of the boogeymen - and yet still, look at the DEMAND for these shares! That's why I'm not worried about My Internets. I Love 'Em. I look at 'em as similar to owning paintings & sculptures by masters, I'm proud to own a part of every company I hold or I wouldn't buy it! The progress and the news fascinates me as much as the share price movements. I'm thrilled to learn of design progressions & deals of collaborations with other Companies. I like to call the Company and talk to the people there. If it makes a great product, and it's solid but not making much money yet, IN MY HEART that tells me that someone loves it and believes in it enough to make a big sacrifice to keep it afloat til it flies. The Internet, as is, still in the Introductory Stage of the Product Cycle,(as opposed to clunky home PC's may be approaching the last stage) is just this past year or so starting to actually make big money for the people who put their lives into making it happen. It's a capper of the inventions of This Century; we started with the telephone and we finish with the Internet; we started with the Kitty Hawk glider and we end with Voyager and the Space Station. ETCETERA. Net's got nowhere to go but expand & up. Stocks will have dips & rises, sectors come and go in popularity. But we got a long way to go till the Internet joins the old-hat crew. So why do so many Analysts say this crapshoot negative stuff? Dunno, but they're not shaking me loose of my internut shares! Any dips we see soon, a practice run for the big Y2K Buy Opp, IMHO. Happy New Year To All. Joan

To: Blue Snowshoe who wrote (7)	1/3/1999 2:04:00 PM
From: john mooney jr.	Read Replies (1) \| Respond to of 7442

I agree Blue internets will get wacked and they have already started cmgi downto 105 xcit 42 aol will get it this weekand 120 is genourous i see 80 and bounce back with big announcements due by end of jan . but i feel jan will start out on down side and continue down for two weeksmainly on over inflated stocks such as lucent, csco, microsft, aol, novell, dell and im sure many others but they have all comee to far to fast and we saw the same thing back in june a down turn before run to record . all i can say is buy this next dip and and low will be jan18 8700 on dow and 1800 on nasdaq and then big bounce backjan22 to 9300 and jan will end on new high of 9500 and 2200. feb will be a great month many mergers coming and earnings will be better for industry leaders. Well thats just my opinion for jan, expect many good things for 99 overall dow 10,000 definately. Oils make big comeback so pick some up on next dip. Internet giants continue domination with news of internet on tv. see if im right im betting that way unless my pals disagree see ya soon moons