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Technology Stocks : BEST INTERNET STOCKS TO OWN IN 1999 -- Ignore unavailable to you. Want to Upgrade?

To: JOHN CHEN who wrote (266)	4/9/1999 1:15:00 PM
From: Lao Ou	Respond to of 471

John: What is your opinion on VERT ? Like your thread very much.

To: JOHN CHEN who wrote (266)	4/9/1999 3:20:00 PM
From: Professor Dotcomm	Respond to of 471

Thanks for your thoughtful response. I also avoid certain stocks but with other parameters. Instead of price per share (for you it's $10), I use market cap because a price per share is only a question of decimals. Many years ago I missed out on Canon because it was trading OTC at only $0.30. What I did not take into account were the number of shares issued. Secondly I rarely stray from the NYSE, Toronto SE or the Nasdaq National. Thirdly, for internet stocks I am uncomfortable with price to sales at over 20 times. (AMZN right now is about 15-16 times). Using these parameters, GTR qualifies. Hype is difficult to define as all internet stocks have this to a certain degree but GTR is still relatively unknown. Their idea of marketing previously published video games seem to me as being almost as innovative as Penguin Books when it hit upon the idea of paperbacks in the book industry in the thirties. And it is even profitable.

To: JOHN CHEN who wrote (266)	4/9/1999 8:36:00 PM
From: DlphcOracl	Respond to of 471

John: I respectfully disagree with your advice to "take profits on CMGI and SCH". That is good advice only for investors who have held these stocks for 18 months, long enough to qualify for the favorable 18% tax rate on long term gains. If you sell as a short term gain and it is taxed as ordinary income, you will give 39.6% of your profit to Uncle Sam if you are in the top income tax bracket. Looked at another way, CMGI and SCH would have to decline 39.6% from their current levels for the advice to make sense; and, when you decide to reaccumulate a position in these stock, they will already have spiked up sharply and you will miss a good part of the run. Better advice (for those who have held less than 18 months): LET YOU PROFITS RUN!!

To: JOHN CHEN who wrote (266)	4/10/1999 1:07:00 AM
From: puborectalis	Respond to of 471

No Brainer..EBAY technically breaks out...and now this good item.....Butterfield to link with eBay By Matt Beer EXAMINER TECHNOLOGY WRITER Venerable auction house Butterfield & Butterfield Auctioneers Corp. of San Francisco is set to announce an alliance with San Jose-based eBay, the popular World Wide Web auction site, according to sources close to the deal. The partnership comes in the face of an existing relationship between Butterfield and "Yahoo Auctions," an eBay competitor run by the Santa Clara-based Web portal Yahoo. Executives at both Butterfield and eBay declined to comment on the alliance officially. A source at each firm, however, confirmed the pending deal but both asked to remain nameless. "We don't comment one way or another on speculations or rumors," said eBay spokesman Kevin Pursglove. Gray Noceti, Butterfield's vice president of Internet Services, declined to comment, saying the company is in a "quiet period" due to its filing to go public, made on February 12. Yahoo officials also refused to comment on the deal. On-line auctions — where Web users bid via computers for everything from baseball cards to vacation homes — have been a runaway success on the Internet. EBay is the most successful of the growing number of such sites, and its popularity has made it one of the most visited destinations on the World Wide Web. EBay shares closed at $171.75 Thursday, up $21.75. The Butterfield house, on the other hand, has a long and storied history, having held estate sales and art auctions since 1865. In the last six months, the auction house has been turning to the Web to conduct business. In February, the company rolled out its own Web site to garner bids on O.J. Simpson's Heisman Trophy and an original Mouseketeer outfit worn by Annette Funicello. "It's a good synergy," said Ron Rappaport, an analyst with Internet market research firm Zona Research. "EBay is known as the superstore, and Butterfield has the prestige goods. This lets Butterfield reach that huge market." In related eBay news: The company is asking shareholders to approve an increase in the company's authorized number of common shares to 900 million from 195 million. In a preliminary proxy statement filed with the Securities and Exchange Commission, eBay also is seeking to boost the authorized number of preferred shares to 10 million from 5 million. EBay shareholders are expected to vote on the authorizations at the company's annual shareholder meeting on May 28. In addition, New York City's consumer protection agency announced Wednesday it has reached an agreement with eBay that sets aside an investigation into alleged faked sports memorabilia. The deal, hammered out March 16, calls for eBay to adhere to existing practices of verifying the identity of regular sellers and to establish dispute resolution procedures. Reuters and Bloomberg News contributed to this report.