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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Jim Mundy who wrote (45350)	1/21/1999 7:33:00 AM
From: Frost Byte	Respond to of 119973

BVSN in Wall Steet Journal this morning: A ballooning number of smaller funds that look for fast-growing companies are also purchasing Internet stocks. Funds such as Transamerica Premier Aggressive Growth Fund and Strong Enterprise Fund hold sizable stakes in stocks that include Amazon.com, Internet software concern BroadVision Inc. and Internet ad firm DoubleClick Inc. Adds Drew Cupps, manager of Strong Enterprise Fund, "I think it will take six months to a year for these stocks to settle" to more realistic levels. Mr. Cupps recently sold all of his shares in AOL, Amazon.com, Yahoo! Inc. and Internet auction firm eBay Inc. because of their skyrocketing valuations and bought into somewhat cheaper Internet plays, including BroadVision and DoubleClick.