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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (58600)	5/10/1999 2:15:00 AM
From: Thomas M.	Respond to of 132070

#reply-9421551 <<< ... Roger said on the show that it's going to get pretty ugly for the Internet stocks. #reply-9278799 Normally, venture firms distribute shares of stock to their institutional investors sometime after the IPO. I don't believe McNamee would have make that comment if Kleiner Perkins' clients haven't sold most of their Internet positions. If that's right, the smart money is gone from ATHM and the rest of the Internet stocks and the speculators are the only remaining support for these stocks ... >>>