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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (12754)	2/10/1999 8:07:00 AM
From: Trevor Quest	Respond to of 90042

Some thoughts on internets. IMO we have further to go here. It seems supply of internets grows everyday. For every LCOS/TMCS deal that reduces a few players it seems like their are a dozen IPO's and secondary offerings. I have three friends bringing internet companies public in the next 6-12 months and two others who will be adding E-Commerce to their business. Trust me on this one; Investment Banks will keep pumping them out until the market stops buying. To them this is no different then the Junk Bond craze of the 80's and we all know how that ended! I also saw where the "lockup" period expires for some recent high profile IPO's like ENTU and TFSM. If you want to guess what happens when these inside shares are unlocked just look at E-Bay and BCST! I still own some shares in PPOD so I obviuosly think we can trade higher in some internets but I honestly think the best strategy right now is to get out of the way and pick up shares after the music stops. Sorry for the long post but I thought it was worth saying. Good luck everyone and happy hunting! TQ