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To: KeepItSimple who wrote (34536)1/12/1999 6:17:00 PM
From: John Chen  Respond to of 164684
 
KeepItSimple,re:internet stock. Isn't it bad for the 'energy sector',
not that it's not bad enough? People would be driving less. But
then again people burning midnight oil on the WEB.



To: KeepItSimple who wrote (34536)1/12/1999 6:29:00 PM
From: CookiePuss  Read Replies (1) | Respond to of 164684
 
he sounds like every other bitter wall street "pro" who missed the ride up.

yhoo is trading down after hours though so the music may have finally stopped, at least temporarily, for the inets.



To: KeepItSimple who wrote (34536)1/12/1999 6:38:00 PM
From: Randy Ellingson  Read Replies (1) | Respond to of 164684
 
CNBC analyst just called the internet stocks "An infectious disease that should be avoided at all costs."

I know I am always impressed by the CNBC analysts. You know they're smart if they appear on CNBC.<g>

Randy



To: KeepItSimple who wrote (34536)1/12/1999 6:38:00 PM
From: Tunica Albuginea  Read Replies (2) | Respond to of 164684
 
KeepItSimple,: Internet stocks a disease". this is actually what Dremman said:
Message 7246537
David Dremman ( fron Dremman Value Management )on CNBC says that " Internet stocks are like a disease now, very addictive ". "They are likely to go higher, but in a year and a half they are likely to go lower ".
He says buy Phillip Morris and Oil Drillers.
I suggest do the opposite: buy AOL now on it's way up; sell in a year at the high; then buy oil drillers when oil will have bottomed out at $7-8/barrell, gg.
Caution: this opinion is free ( ie worthless ,gg) just like Dremman's on CNBC.
TA