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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Catcher who wrote (13642)	12/30/1998 7:15:00 PM
From: RocketMan	Read Replies (3) \| Respond to of 74651

Everyone talks about internet stocks going bust. CNBC is getting to be an "all internet bashing - all day" channel, in the same way that MSNBC is an "all Monica -- all day" channel. What is being missed is this: internuts are busting all the time. Except for the "blue chips" (used loosely) of internets such as AOL, YHOO and ... maybe some others, the internuts are momentum plays, and few of them zoom up and stay there. It is just gambling, with money rotating from hot stock to hot stock. Will this all end, and will they all go bust at the same time? Probably, and consolidation will happen, which is good, IMO, for the prospects of MSFT, the internet blue chips, and the bandwidth providers.