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To: zalesky who wrote (1648)	4/23/1999 1:52:00 PM
From: Sanjay Varma	Respond to of 2902

Interesting quote from article at TheStreet: "Greg Nie, technical analyst with Everen Securities, sees Internet stocks heading for a short-term peak within the next week and suggests new strategies to take advantage of the current volatility. He says if a stock trades to a new high, an investor could become a "partial seller" of the issue to book some profits, with the intention of buying back the stock when it does sell off. If the stock does not make a new high, he suggests closing out the trading position. One exception, he said, would be those stocks seen as core holdings such as Yahoo! (YHOO:Nasdaq) or America Online (AOL:NYSE), which are more longer-term plays. Internet media company CNet (CNET:Nasdaq) is a good example of what Nie means. The stock traded to a high of 159 1/2 April 13. After blowout earnings and an announcement of a stock split after the close Wednesday, CNet soared to a high of 155 early today. Though it still could eclipse the April 13 high, it fits Nie's pattern of a stock that is ripe for a bout of profit-taking."