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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (25362)4/16/1999 12:50:00 AM
From: Jeff Jordan  Respond to of 50167
 
Ike,Tim,

Don't misjudge this countries distain for violent bloodshed. Although, we appear hesitant to employ ground troops it's for good reason...one of which is not the fear of another Viet-nam. This would be a walk in the park...should the will of America truly be tested. It's actually about values and the inalienable rights of people to be secure in their homeland....regardless of religion and beliefs. It is Americas role in the world to stand up for these principles whether here or aboard otherwise we forfeit our freedoms here and now! In 1999 we have the moral responsibility to prove our liberties with more than mere words....but by deeds....and there is no greater deed then to defend humanity against these types of atrocities.

end of soap box.....



To: IQBAL LATIF who wrote (25362)4/16/1999 12:53:00 AM
From: Bart  Read Replies (4) | Respond to of 50167
 
Hey stranger!-I'm back on line after more than a year away. I've had many changes this past year and hope all my old friends here have been doing well.

I trust the old master has done well and pray you and yours are in good health and that life has been good.

How is everyone at the Idea thread these days?

I was sure glad to come online and see the thread thrivig after all this time!



To: IQBAL LATIF who wrote (25362)4/16/1999 5:47:00 AM
From: LABMAN  Respond to of 50167
 
Internet Quake, the thread may find these comments from Steve Harmon
useful/interesting.

Home - Yahoo! - Help

Waterhouse: $12 trades

THE INTERNET STOCK REPORT - Apr 16 5:42am

MOTLEY FOOL | THESTREET.COM | INDIVIDUAL INVESTOR | ISDEX | ONLINE INVESTOR | FINANCE HOME

Help

Morning Report | Market Close | Internet Stock Index | Related News

Morning Report

Fri Apr 16

Seismic Studies:
Internet Stocks After The Selloff

By Steve Harmon
Senior Investment Analyst
Internet.com
"Where Wall Street Meets The Web"

The Los Angeles area is famous for many things: tinseltown, silicone (not silicon per se), amusement
parks, and shaking up the terra firma on a regular basis with earthquakes.

Therefore, it's ironic that every year as Spring Internet World gets sprung that the Internet stock
sector gets slammed. I saw this phenomenon last year and again this week as ISDEX peaked early
to new highs and then settled April 15 in a two-day tremblor after profit taking.

Combine the geography and lexography and the only word for it is an "iQuake," a seismic jolt
through the Internet stock landscape. The 2.3% ISDEX drop doesn't reflect the drop and slight
rebound. April 14 ISDEX lost 55 points, more than 3x April 15's ripple.

Even so, about half the stocks in ISDEX ended the week since April 6 up. But today let's see who's
down.

The beauty of us "seismologists" surveying the fallen amid the rubble is simple: which stocks got
taken along for the wave ride down for no other reason than being close to the epicenter.

If the correction was due to underlying fundamental reasons like revenue, earnings shortfalls, or
greater-than-expected losses, lack of traffic growth, the fact that the bearded ladies investment club
logged off eBay then I would be worried. But I don't think that's the trigger here.

The drop from all-time highs was simply the result of investors withering nerves as the skyscrapers
swayed in the cloud-driven heights while the Dow and NASDAQ looked like one-story flats.

Seeing the gains sent investors to the "take profit now mode." I think investors should always know
what they're comfortable with on the high side and low side -- their tolerance for reward and risk --
and consider taking their cost basis off the table as their positions move around.

So let's take a walk downtown after the iQuake and see which stocks look like they could rebound
now that I think the dust may have settled a bit:

ISDEX ®

15-Apr-99
% change
Point change
The Internet Stock Index

close
from
from
www.isdex.com


06-Apr-99
06-Apr-99





ISDEX

602.99
-2.3%
-14.50
NASDAQ

2,521.77
-1.6%
-41.40
DJIA

10,462.72
5.0%
499.23





Verio
VRIO
$65.00
55%
$23.00
CyberCash
CYCH
$20.44
40%
$5.81
Inktomi
INKT
$120.88
35%
$31.25
E*TRADE
EGRP
$101.44
33%
$25.44
Security First Technologies
SONE
$115.00
29%
$26.00
PSINet
PSIX
$54.69
21%
$9.56
CMG Info
CMGI
$276.25
20%
$46.63
eBay
EBAY
$178.88
18%
$26.88
Go2Net
GNET
$157.88
17%
$23.44
Axent
AXNT
$10.13
16%
$1.38
CNET
CNET
$127.13
15%
$16.50
Infospace.com
INSP
$119.19
12%
$12.94
Xoom.com
XMCM
$82.00
9%
$6.44
Open Market
OMKT
$15.00
7%
$1.00
CheckPoint Software
CHKPF
$32.06
6%
$1.94
Doubleclick
DCLK
$127.88
6%
$6.88
Onsale
ONSL
$35.06
5%
$1.69
iVillage
IVIL
$104.88
3%
$3.25
24/7 Media
TFSM
$49.81
3%
$1.50
Sportsline USA
SPLN
$52.75
3%
$1.38
VocalTec
VOCLF
$10.88
2%
$0.19
Beyond.com
BYND
$32.00
2%
$0.50
Earthlink Network
ELNK
$73.00
1%
$0.44
CDnow
CDNW
$15.94
-1%
-$0.13
Excite
XCIT
$146.94
-2%
-$3.00
Security Dynamics
SDTI
$16.50
-2%
-$0.38
Mindspring
MSPG
$102.75
-2%
-$2.63
Preview Travel
PTVL
$20.38
-3%
-$0.56
Verisign
VRSN
$156.56
-3%
-$4.56
Cisco
CSCO
$110.31
-4%
-$4.94
@Home Network
ATHM
$152.50
-6%
-$9.63
Broadcom
BRCM
$65.50
-8%
-$5.38
RealNetworks
RNWK
$180.00
-8%
-$15.44
GeoCities
GCTY
$128.00
-8%
-$11.50
Amazon.Com
AMZN
$167.25
-9%
-$15.63
Concentric
CNCX
$88.00
-9%
-$9.00
Egghead.com
EGGS
$15.63
-9%
-$1.63
Yahoo!
YHOO
$194.63
-9%
-$20.25
Prodigy
PRGY
$35.50
-10%
-$3.75
Broadcast.com
BCST
$140.50
-10%
-$15.88
Lycos
LCOS
$94.56
-13%
-$14.25
Exodus
EXDS
$69.25
-13%
-$10.75
Cyberian Outpost
COOL
$16.50
-13%
-$2.56
America Online
AOL
$143.88
-14%
-$23.63
Broadvision
BVSN
$51.38
-17%
-$10.38
Network Solutions
NSOL
$93.50
-19%
-$22.00
Infoseek
SEEK
$64.63
-23%
-$19.44
ISS Group
ISSX
$52.00
-25%
-$17.75
Network Associates
NETA
$15.25
-30%
-$6.69
USWeb
USWB
$27.06
-33%
-$13.06

For good reason Network Solutions (NASDAQ:NETA - news) got hammered on accounting
mixups and SEC probing around. But what to me should be a ballpeen experience turned into a
sledgehammer-fest as NETA tanked to new lows.

Despite the accounting guffaws and management mishaps the products sell well and have a huge
installed base, which to me is reflected in its sales and security software presence. NETA is barely
off its 52-week low but well off its 52 week $67.6875 high.

Anytime I see Internet bellwether AOL (NYSE:AOL - news) lose a few points on no news it signals
that Wall Street probably popped a few "stupid pills." For well over two years I've called AOL the
"next Microsoft." But the analogy isn't true 100% since AOL defines the Internet experience as few
others, a better role in a service is king era.

I know its market cap looks frothy on some levels but I continue to be a fan of Web host firm
Exodus (NASDAQ:EXDS - news) , down 13% since April 6.

EXDS stock just split 2-for-1 April 12. What attracts me to it is the fact Yahoo!, Lycos, Hotmail,
Inktomi and GeoCities use Exodus to host their content. EXDS grows with them in the background
in a "Switzerland" of the Internet position.

So when iQuakes come along as they did the past two trading days keep in mind that not everything
that sways deserves to fall.

Accolades:

"Fresh and provocative" -CBS Marketwatch, who named Steve Harmon one of the top Internet stock analysts
and only independent one honored

"I am a huge fan of Steve Harmon's analysis" -Kleiner Perkins' John Doerr

Blip us with an e-mail to stocktalk@internet.com on what you think about any Internet stock or
investment you've seen or heard about to. Send us your rants, raves or ramblings and they may be
included in this column in a special feedback edition every week. Throughout the trading day be sure
to check Internet Stock Report's index of leading Web companies, the ISDEX, Internet Stock
Index, for a roundup of how Internet stocks fare minute to minute.

Archives: [ Thu Mar 25 | Wed Mar 24 | Tue Mar 23 | Mon Mar 22 | more ]

Enter one or more ticker symbols, or you may look up the symbol by company name.


Please see the ISDEX ® disclaimer.
© 1999 internet.com LLC.
* registered trademark of internet.com LLC, used by permission © 1999 internet.com LLC
Copyright © 1999 Yahoo! All Rights Reserved.
Quote Technology by TIBCO, a Reuters company.
Yahoo! Quotes is a service of Reuters NewMedia Inc.
Data is provided for informational purposes only, and is not intended for trading purposes. Yahoo and Reuters
shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
Questions or Comments?




To: IQBAL LATIF who wrote (25362)4/16/1999 11:36:00 AM
From: Bull RidaH  Read Replies (1) | Respond to of 50167
 
Ike,

Looks like one of our favorites... ETH... Is finally coming out of the shoot. You in?

Regards,

David



To: IQBAL LATIF who wrote (25362)4/16/1999 4:03:00 PM
From: steve susko  Read Replies (2) | Respond to of 50167
 
Nasdaq has gone thru a 5-6% retracement while Dow make new high all 5 days this week.
What do think of this divergence?



To: IQBAL LATIF who wrote (25362)4/17/1999 1:45:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 50167
 
HI IKE

i've been thinking<g>....anybody smell any wood burning???<ggg>..

I checked my P&F indicators and some indexs...something incredible, has come to my attention...something that changes the total complextion of this market imo, at this juncture..

the current thinking of the bears/shorts is that we are topping out, AND at the begining of a bear<g>, market...hmmmm....that's cute...

check this out Ike...

In 1998 early in the year before the large selloff, the VLE, (Value Line Index) hit its peak during Apr/May...at the very same time the Major Indicator on P&F gave it's first reversal down into a column of O's and then shortly there after gave a sell signal too, i think it was July...

this time IKE..the VLE is about to give a BUY signal at 960, and a complete breakout above 1000...AND IKE, my trading friend and Parisian cohort<g>...THE NEW YORK BULLISH PERCENT(NYSEBP) the big boy indicator on P&F...IS A TICK AWAY FROM ISSUING A 3 BOX REVERSAL UP...

IKE "UP"...this is not a buy signal, but a complete change of direction, that COULD lead to a buy signal...just as the reverse did back then...this indicator measures how many stocks are on buy/sell signals...so we are begining to see more and more buy signals then sell signals...very very positive...

On the other hand..the RUT is at a critical juncture...heavy resistance at 425, this is what we in P&F call the Bearish Resistance Line(BRL)...if we break thru we need to print 430, or we'll reverse down to 410, a 3 box reversal lower...

what's very nice is the SPX, after doing a High Pole straight up, it corrected beautifully, and now should begin a new assault on new highs...on a 10 box chart...1340 would be a 3 box reversal UP, 1300 would be 1 box down and be support..1370 would be a breakout...

all and all IKE, this market is shaping up as one incredible potential explosion...as long as there's bearish negative thinking out there we are ok...when they throw in the towel, i'll be in Paris on Holiday having a drink at your favorite bar.....<gggggg>....



To: IQBAL LATIF who wrote (25362)4/18/1999 7:51:00 PM
From: nicewatch  Respond to of 50167
 
Ike and ALL, updated SPX, TYX, etc. charts at

geocities.com

As always, feel free to comment or throw stones. FWIW, talk to you later

Best Regards,

Frank



To: IQBAL LATIF who wrote (25362)4/18/1999 9:02:00 PM
From: fourptt  Read Replies (2) | Respond to of 50167
 
Ike,

I currently have some May yhoo 220's,mer 95's, and inkt 150's...while I'm sure you have exited some or all of your options in these stocks,just wondering what you might do...

Thanks very much...Fourptt