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To: Don Westermeyer who wrote (38817)2/8/1999 4:56:00 PM
From: GST  Respond to of 164687
 
Don--God bless Mary Meeker (and America).



To: Don Westermeyer who wrote (38817)2/8/1999 7:40:00 PM
From: H James Morris  Respond to of 164687
 
>>Internet stocks remained under pressure as Morgan Stanley's noted Internet analyst Mary Meeker said that a 25% correction in the sector would be "healthy." Jefferies & Co.'s Bruce Smith added that Web companies could face seasonal slowdowns in the current quarter, following the holidays.

Amazon.com tumbled 6 3/4, America Online lost 5 points, and Yahoo! slid 14 1/8. Pacific Internet, a hot IPO in Friday's session, gave back 12 3/4, or 27%.

E*Trade dropped 3 3/16 and J.B. Oxford tumbled 3 9/16, or 30%, as Web brokers continued to draw heavy selling. <<