opportunity to bail out of this dog. The party is
over. Remember when it would gain $8-$10 on a rally
like this? Your choice. See ya at $82. Then $60, $50,
$40. If AMZN is worth $10, then what is this worth?
I know, we all want all our loot back now. Still,
we didn't lose it in a day, and the come back could
take a while.
I play the waves on this stock,
but I'm gonna sit tight for a bit. Enjoy the ride
back up. Life is beautiful!
So how should investors play the gyrations in
Internet stocks going forward? Despite the recent pullback
that has chopped
50+% in market capitalization off
of many leading Internet stocks, valuations are
still at extremely high levels. For example,
their April highs, Yahoo is down by 40%, CMGI
(NASDAQ:CMGI - news) has retreated 38% and
(NASDAQ:DCLK - news) is down by a whopping
ELENA, HERE IS SMITH BARNEY STOCKPICKS YOU ASKED, LOVE