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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: kha vu who wrote (22305)	1/18/1999 8:18:00 PM
From: RobbRacer	Respond to of 120523

For those interest in an internet fund Subject 24173 TOP TEN INTERNET LIST IS FINALIZED!!! OK Gang the list is finalzed. Before I release it, I want to thank everybody who contributed. Even though I thought more people would contribute, many did and I strongly believe we have a very strong list because of that interaction. This truly is the power of the internet. Every member of the list is a leader in its industry. Not every aspect is represented for the following reasons. We have the power to choose the more profitable faster growing aspects of the internet. With that being the case why not be selective. Another interesting suprise is I expanded the list to 12. I really tried to keep it to 10 but really had trouble for two reasons. When representing high speed access it was not clear whether ADSL and Cable modem access would be the dominant player for high speed access. In addition to that, I truly felt both would win because there are geographic areas where cable would dominate and others where ADSL would. So both are represented. The second reason came in the venture capital area. CMGI is the clear leader in the public arena for playing on the internet future. But after reading a great write up by Wallstarb from from daytraders.org I could not dismiss WCAP. Basically just the interest they have in COOL is represented in the price,the rest is free including an IPO they have shares in called WorldGate which should be public in the next 2 months. This is the same situation CMGI was in about a year ago. Few people realized this type of mis-pricing, but those who did were paid hansomely. Third relates to structure of the fund. For logistical reasons I will not be doing the trust the way I originally planned. This may actually be very good for all of you. I am working on doing this as a basket with Steve Goldman at Yamner and company. It is still in the works but basically we will have it set as an index which will be on one of his screens. If the combined value of he index falls more than x% (still to be determined) it will automatically be liqudated. Periodically, the liquidation value of the index can be changed to reflect gains or protect from losses. This may be of benefit to anyone who actually wants to buy this index. Anyone interested in the index should PM me. Fourth, I want to let everybody know that I will try and postpone the first purchase of the list for several weeks to perhaps a month. After careful evaluation I feel we shall see a short term correction in the internet group. In fact I'm betting on it. Something on the order of 25-30%. If it does not appear that this will happen in the next month, I will swallow my pride and buy anyway. Last I want to remind everybody of the potential this index has. You have to remember that just the preliminary list returned 300% in one year. By refining it to the final list, the total return last year would have been in the neighborhood of 400%. The final list is currently up almost 100% in the last month alone. If we can get just an annual compounded return of 40% a year for the next ten years $100,000 would turn into $2,892,546.55. Since I expanded the list to 12 stocks I will invest $120,000. $120,000 @40% annually for 10 years will turn into $3,471,055,86. And to top it off you are investing in companies that are leaders in their field in the fastest growing industry in the world. THE INTERNET!! And to top that you have DIVERSIFICATION!!! The risk/reward relationship is clearly in our favor. It also may be comforting to know that 4 of the stocks are also on Steve Harmons Internet Stock Report top ten list. An additional four are also Mary Meeker's (Top internet anylyst for Morgan Stanly)choices as well. So it appears we are in good company. I am very excited about what we have here. To wrap this up, I will actually post the final list tommorow. I want to give you guys some suspense. No really I want to do a little write up on each one which I have not done yet. See you tommorow, Rob