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To: Moose who wrote (18771)	1/21/1999 9:10:00 PM
From: Howard Hoffman	Read Replies (2) \| Respond to of 27307

Internet jitters began in the wee hours of the day after Morgan Stanley Dean Witter Investments chairman Barton Biggs said in Tokyo he thought the Internet's speculative "bubble" was close to ending. Analysts also cited a potential glut of Internet stocks. Fifteen Internet IPOs are expected to be offered to the public over the next two weeks. The fact that Internet stocks could be running out of steam came as little surprise to most experts. "Its completely realistic for the Internet stocks to come down after the run they had," said Prudential's Piskorowski. Morgan's Biggs wasn't the only Wall Street expert talking about bubbles. Hedge fund manager George Soros warned in Paris that an "asset bubble" in countries like the United States was the next major threat to an already shaky world economy. Excerpt from Reuters 127.0.0.1:15841/v1?catid=18612483&md5=9e63611e58a4d793997cca8aeb0c66d5