:Internet Stock Report: What's Hot, What's Not [in Deflated Net Stocks]
Internet Stock Report: What's Hot, What's Not [in Deflated Net Stocks] Apr 15, 2000, 13 :28 UTC (3 Talkback[s]) (4503 reads) (Other stories by Kelly Black)
"It's crunch time for tech
stocks. As if you didn't know that
already. Brokers are busy thumbing
through rolodexes, delivering margin calls
by the baker's dozen. Panic has started
to set in, and the Net high-flyers just can't
seem to catch a break"
"Okay. I'll admit it. Yesterday, I went on a
major Net stock shopping spree, and you
should see some of the deals I got. ... I also grabbed an extra helping of Linux and
interactive TV, topped off with a nutritious dose of broadband equipment
makers."
"MP3.com (MPPP) announced plans to tango with Atlanta-based
mp3radio.com. MP3.com will lasso a majority stake in the start-up from
its sugar daddy, Cox Interactive Media. ...despite the deflated stock price, this beaten-down stock still
wouldn't find its way into my portfolio. Until the Recording Industry
Association of America (RIAA) wraps up its MP3 witch hunt, this
company doesn't boast much beyond a killer domain name."
