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To: RocketMan who wrote (4184)	2/1/1999 9:44:00 AM
From: Vendit™	Respond to of 41369

I don't doubt your research results one bit but can you believe that it was reported as fact again just 2 weeks ago over an ABC news broadcast. I dabbled in OMKT, SDTI and some other net stocks last year and saw the same thing being reported in news release after news release. You would think that someone with national credibility would challenge the 100 days doubling news if not true.

To: RocketMan who wrote (4184)	2/1/1999 11:51:00 AM
From: Vendit™	Read Replies (2) \| Respond to of 41369

In the past year or so, Wall Street's talking heads have shrugged their shoulders and shaken their heads in amazement at the upward momentum of these stocks. The Wall Street chorus line sounds something like this: "These Net stocks are overvalued. These Net stocks are trading on momentum alone. It doesn't make sense." Fundamental analysis -- in which a company is valued on its past performance, its past earnings and the value of its real estate, cash and goods -- does not apply. Fundamental analysis is exactly what cannot be applied to Net stocks. This is a game for momentum players. If fundamental analysis offers no guidance, then what does? The answer, increasingly, is technical analysis. Sure, its critics compare it to voodoo or insist it's no better than reading tea leaves or chicken entrails. But technical analysts rely on price and volume, and they use computers to predict stock prices. Just what momentum players look for. fnews.yahoo.com