To: George who wrote (35122 ) 1/16/1999 10:12:00 AM From: Glenn D. Rudolph Respond to of 164684
CONSIDER THIS ABOUT NET STOCKS.... From my main man Jason at CNN: "I did some quick checking and if Yahoo, Amazon, and AOL do as well in 1999 as they did in 1998, they will each be worth more than Microsoft by the end of this year! They'll be the three biggest stocks in the world! People who are buying these things expecting to get rich are bonkers!" Thanks, J. You rock the free world! MARKETWATCH.COM.... Red meat Internet IPO!!!! Alex. Brown priced 'em officially at $17. Alex. raised this sucker twice. Was to be priced at $10 to $12. Then $14 to $16! Then $17! Sucker opened at $90!! Closed at $97.50!!!! What is it? (Who cares.com!!!) No, it's an online news Web site. Hey, Cramu!!!! You better do the Street.com now, babe!!!!! Why wait?!?! READERS DIGEST & TIME WARNER?... Yup, I heard it too! TWX is looking to buy it. Equal partners with the Foundation or some such. I know, I know. Strange bedfellows. BRAZIL.... So you're rallying. So what. I want you to go away. Stay away. Don't bother us. We only do 1.7% of our trade with you! Meanwhile, we're making some money up here, okay? Just shut up and buy a little PMC Sierra like the rest of us, okay? Geez!!! Loose Change Earnings next week. Big ones: MSFT, IBM, Chase, JPM, and many others.... Breadth and volume again strong. Duh!!!!!... Biogen was happenin'!... Telescan (our fortuneinvestor.com partner) was up strongly after NBC and GE Cap bought 10% of the stock.... MSFT up $8, to just under $150.... Networking stocks, on the move!: Lucent up $4, to $110. Cisco up $5, to $101. Novell up $1, to $20. Ascend, up $4, to $86.... Rambus! I call 'em Rambutt. They were down $8, to $89, after stinking up the joint last night. Actually not that bad, but company says the road ahead looks rocky. Blames seasonal problems in Nintendo. Give me a break!!!... RealNetworks was a mover after announcing a joint venture with @home.... Merrill Lynch upgraded airlines (of all things). Especially bullish on Delta. Alaska Air too.... Symantec was strong on some good numbers. I will never understand that company.... Platinum Tech was weak after posting some lame-asped numbers. Is that the company run by the long-haired Polish guy hooked up with Boston Chicken? Or is that the other Platinum? Inquiring minds want to know!... Speaking of food, Friendly's was off today (you know them? It's a New England thing. Not bad! I didn't even know they was public!). Posted a MUCH bigger loss than expected.... Sports: I dig that ESPN commercial with Roger Clemens at the copying machine. Xeroxing the letter "K." He says, "I'm going to be here a while." Rog is a bad man.... Hey, I like the Jets, but Jets fans are pretty low life. You know why they cut off drinking in the third quarter at Giant Stadium, don't you? Nope, not the Giant fans. It was the Jets! BIG guys! Drunk! Loud!... Want to buy an awesome CD? Check out the King's Singers "New Day." The title track, "You Are the New Day," will bring you closer to God. I really mean it!!! Man.