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To: Boplicity who wrote (15094)	5/5/1999 8:36:00 PM
From: puborectalis	Respond to of 41369

Internet Stock Watch May 5 1999 5:47PM CST Archives... The Internet Stocks are Going to Break Out by Theo Spradlin After being hit for the last few trading sessions, the Internet issues made a strong recovery by the end of the day and closed on their highs. This momentum should carry into tomorrow's trading as Investors came running back to the action and last minute buying on Wednesday pulled prices up. Ameritrade Holding Corp., (AMTD), closed up sixteen points from its intraday low for an overall gain of almost $7 on 153% of its average daily volume, marking $120. This price is is almost 70 points from its recent fifty-two week high and ends a losing streek that almost made it to day four. Amazon.com, Inc., (AMZN), recovered some $12-5/8 from its lows today to post a 3-1/2 point gain on above average volume and close at $146-1/2. AMZN showed heavy volume at the end of the day also. America Online Inc., (AOL), reversed by some 15 points today after gapping downward at the open and closed at $129-3/4, more than 45 points from its recent highs. Broadcast.com Inc., (BCST), bounced almost 10 points from its lows today and posted a modest gain for a close at $117-3/4. CNET, Inc., (CNET), turned a 14 point loss into a 3 point gain and closed at $119. DoubleClick, Inc., (DCLK), was down by about 10 today, and made a come-back to gain four and close at $125. E*TRADE Group, Inc., (EGRP), went from more than 5 points down to post a 9 point gain and close at $112. Exodus Communications, (EXDS), turned it around and gained 12-3/4 for a close of $84-3/8. GeoCities, (GCTY), was down by $6-1/2 and then reversed with the rest of the market to a close of $108. Go2Net, Inc., (GNET), traded in a range of more than 24 points today, going from down by 11-3/4 to post a 13-3/4 gain and close at $144-1/2. GNET is about 45 points from its new high of $199. There are more Internet Issues that similarly performed today, the sector as a whole closed on strong upward momentum, and this will continue on Thursday. Be careful of morning gaps on after hours activity, and set your mark accordingly. There is strength in these stocks on the short term level and you may still catch some upside action.