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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Tarheel who wrote (39981)	5/13/1999 2:24:00 PM
From: Tradelite	Respond to of 120523

This is indeed a very different ballgame than it was a few months ago for the Internet stocks. I cracked up this morning when I heard on CNBC that WMT is now being considered an internet play. Whether it is or not, that's not why I like the stock. I hold WMT and I've traded WMT numerous times for 4 points or more--don't really care what it does on the Internet. It's had a website for a long time. If it makes the Internet site a hot item, well, then I'm glad I own the stock. Hard to figure out the thinking of the market these days, and the reason is, we have so many brand-new investors entering the market thru online brokers who don't have a good sense of direction yet. My opinion only, of course.