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To: SecularBull who wrote (109675)	3/16/1999 11:47:00 AM
From: Ian Davidson	Read Replies (1) \| Respond to of 176387

They're watching us: Dell Computer Corp. Dow Jones Newswires -- March 16, 1999 Dow 10000 Draws Barely A Word In Web Chat Rooms By Johanna Bennett NEW YORK (Dow Jones)--For some people, 10,000 is just another number. The Dow Jones Industrial Average's history-making foray into the five digits elicited little fanfare from the hordes of individual investors who surf the Web's more popular financial chat rooms and message boards. "It's one of those little goals that makes life interesting, but that's all," said one member of Foolish Chat, a popular chat room run by the Motley Fool. Day traders recognized and applauded the historic milestone by selling upon hearing word of it. Still, the moment passed with little chatter as investors appeared far more interested in a host of low-priced Web stocks. "It's all psychology," said Ken Wolff, founder of Momentum Traders, a popular Web chat room catering to day traders. Wolff said he and other momentum players had expected the Dow would hit its mark Tuesday, holding onto long positions until that happened. Even after the short selling began, traders were still looking for shares to rebound by the end of the day. "Everyone was looking for 10000," Wolff said. "...Now we are looking for bottoms." The ho-hum response has been fairly typical of the attitude of the Internet's financial chatterboxes during the media's week-long stakeout. As the Dow flitted along the edges of 10000 - and major news publications printed story after story - members of chat rooms on Motley Fool, America Online and Shark Tank downplayed the impending event. A pair of message boards on Silicon Investor dedicated to discussing the Dow hitting 10000 drew little more than two dozen postings in the last week, a paltry number compared with the activity on message boards focusing on Microsoft Corp. (MSFT), Yahoo! Inc. (YHOO) and Dell Computer Corp. (DELL). All in all, the subject ran a distant second to online analysis of Saturday night's championship bout between boxing greats Lennox Lewis and Evander Holyfield. Said one message board participant, "I guess to me it is nothing more than a big 'So what?"' - Johanna Bennett; 201-938-5670