Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (31975)	12/31/1998 2:05:00 PM
From: Mark Fowler	Respond to of 164684

Bought Inkt 127.

To: Glenn D. Rudolph who wrote (31975)	12/31/1998 3:27:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Glen>> We believe the stock's upcoming 3 for 1 split may only magnify the demand for shares.<< Do you what I love about Keith Benjamin, Mary Meeker and Jamie Kerrigan? Have you noticed how bullish they are with other peoples money?

To: Glenn D. Rudolph who wrote (31975)	12/31/1998 6:42:00 PM
From: tonyt	Respond to of 164684

Net Stocks edge lower as 1998 draws to close By Stephanie O'Brien, CBS MarketWatch Last Update: 4:15 PM ET Dec 31, 1998 Also: Internet Daily NEW YORK (CBS.MW) -- Internet stocks ended slightly lower Thursday, on the last day of 1998, a year in which Net stocks rose spectacularly. The Goldman Sachs Internet Index was down 1.1 percent, while the Amex Internet Index slipped 0.1 percent. Both indices were volatile throughout the day. Internet stocks had a remarkable run in 1998, leaving investors and analysts somewhat dumbfounded. "As we get ready for the New Year, we are very thankful as we reflect on the past year among the Internet stocks. We can't help but be somewhat stunned," said BancBoston Robertson Stephens analyst Keith Benjamin in his weekly Web report, released Thursday. Still, Benjamin cautioned that investors may cease to be as enamored of certain Internet stocks if they fail to meet expectations in the first half of 1999. "We expect investors may pause after looking toward flattish sequential comparisons with the March quarter with the December quarter. We expected a mixed reaction among the stocks, with leaders holding, some emerging stocks rising and laggards falling. With the leaders, AOL, Yahoo!, Amazon, and eBay, we expect the numbers to almost catch up with the stocks, based on expectations of big percentage positive surprises." Among the year's biggest percentage winners were Amazon.com's (AMZN) stock, which rose 966 percent since the beginning of the year. Benjamin said he believes Amazon will have a happy new year, as "the stock's upcoming 3-for-1 split may only magnify the demand for shares." Other winning stocks for the year include Yahoo! (YHOO) up 606 percent this year, AOL (AOL) up 552 percent, eBay (EBAY) up 434 percent, Infoseek (SEEK) up 365 percent, Excite (XCIT) up 198 percent, Lycos (LCOS) up 158 percent, Onsale (ONSL) up 144 percent and CNET (CNWK) up 73 percent, Benjamin said. "We have been very lucky with the sharp and sustained rally among Internet stocks. As we look to quarterly reporting season, which officially starts January 12th with Yahoo!, we expect to see some near-term peaks in these stocks," Benjamin said. Yahoo! was down 9 9/16 at 235 1/16. America Online turned around in the final minutes of trading, up 2 9/16 to 150. Online bookseller Amazon.com was flat at 321 1/4. Net names in the news included Lycos' team up with the National Football League to build the official Web site for the upcoming Super Bowl. See related story.