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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Doug who wrote (381)	12/30/1998 8:53:00 PM
From: Barry Cartwright	Read Replies (2) \| Respond to of 3543

Read Briefing.com today 12/30/98. Now is the time to short and they will list the companies to short. Target price is the pre-hype stock price. Here is a list of your shorts and at what price to consider covering: STOCK TARGET PRICE SKYM 12.50 AAGP 1.25 MALL 20 GEEK 14 UBID 40 DRIV 11

To: Doug who wrote (381)	12/30/1998 9:07:00 PM
From: Sir Auric Goldfinger	Respond to of 3543

Silicon Valley: Tech Stock Update: Internet Sleight of Hand By David Shabelman Staff Reporter 12/30/98 1:53 PM ET SAN FRANCISCO -- In the world of Internet trading these days, it's not whether you win or lose, it's how quickly you play the game. Genesis Direct (GEND:Nasdaq) is the latest Internet skyrocket. The company announced an agreement with Excite (XCIT:Nasdaq) to sell its athletic clothing, toys, collectibles and other merchandise. The stock more than tripled at one point today to 22 but has already slipped back to 10 7/8 as traders have learned to get in and out quickly on the day's big newsmaker. In the category of out of favor one minute and in favor the next, Inktomi (INKT:Nasdaq) added as much as 19 3/8 to 146 3/4 points after announcing a two-for-one stock split after the close of trading yesterday, but most of that gain came in premarket trading. The stock sold off after opening at 9:30 a.m. EST and lately was up 8 5/8 to 136 5/8. Inktomi had lost 10 points yesterday on news that Intel (INTC:Nasdaq) had filed an intent to sell around $28 million in Inktomi stock. One press release didn't take today. E*Trade (EGRP:Nasdaq) dropped 8 to 52 even though it announced it would have a presence on CNNfn.com. Still, the stock is up sharply from its Dec. 21 close of 32 1/8. National Discount Brokerage (NDB:NYSE) was down nearly 7 points despite a CNBC appearance by Chairman Dennis Marino. A cautionary article in The Wall Street Journal may also be contributing to the uneasiness in Internet stocks. Though it is easy to get caught up in the hype of the "stock of the day," Alan Lowenstein, co-portfolio manager for the John Hancock Global Technology fund, says investors should stick with "quality names" like AOL, Amazon.com (AMZN:Nasdaq), Yahoo! (YHOO:Nasdaq) and eBay (EBAY:Nasdaq). In addition, those that benefit from a growing Internet, such as Cisco (CSCO:Nasdaq) and FDX (FDX:NYSE), should be solid performers without the minute-to-minute gyrations of some Internet stocks. Lowenstein says supply could be one of the factors in derailing the Internet stocks. Any number of companies with a presence on the Internet will be going public in 1999, while companies that have gone public in the latter half of 1998 will be announcing secondary offerings. Top holdings in the $360 million John Hancock Global Technology fund are AOL, Cisco, Microsoft (MSFT:Nasdaq) and EMC (EMC:NYSE).