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To: tonyt who wrote (42894)2/27/1999 10:49:00 AM
From: tonyt  Respond to of 164684
 
Barrons (excerpt):

"For the week, Intel lost 8 1/8 to 119 15/16. Microsoft was up 2 3/8 to 150 1/8 ; Dell was unchanged at 80 1/8, and Gateway was off 3/16 to 72 11/16, after hitting a record 84 1/2 Tuesday. The Internet stocks finished broadly higher, with many advancing on Friday despite weakness elsewhere in the tech group. America Online rose 8 3/4 to 88 15/16; Amazon.com gained 26 1/4 to 128 1/8 ; Yahoo advanced 18 1/4 to 153 1/2, and eBay surged 94 1/2 to a record close of 334, just ahead of its 3-for-1 stock split Monday. It seems odd that the Internet issues are now considered safe havens despite their lofty valuations. AOL, for example, trades at almost 300 times projected profits for its current fiscal year."