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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: balaw who wrote (4647)	4/11/1999 11:08:00 PM
From: Peter Yang	Read Replies (1) \| Respond to of 30916

Briefing's comments for April 12, 1999: >>Almost separate from the rest of the sector is the Internet group... Stocks continue to trend steadily and in many cases spectacularly higher despite backdrop of earnings concerns, heightened tensions in Kosovo and deteriorating market internals... Quite frankly, narrow leadership not the case in the Net sector where many stocks are pushing to new highs... Select sub-groups which have been red-hot lately include online brokers, Net banks, streaming media, web hosting and Internet Service Providers (ISPs)... Consolidation, stock splits (real and expected), IPOs, earnings and momentum remain forces driving sector higher... Group even being helped by earnings concerns elsewhere in tech sector as money flows out of PC, software, chip stocks into Net companies where growth potential remains huge. <<