The quality companies in the Internet, and there are a good baker's dozen, they can be bought. Proven companies that show they know.
More Quotes from Ulric Weil:
I would stay away pretty much from the bulk of the Internet stocks. Internet stocks that don't have any earnings,Ulric Weil
There's a lot of game playing going on right now, ... The two parties are digging in the trenches, and digging in on their positions. The judge knows that Microsoft will appeal, and the tougher the penalties imposed on Microsoft by the judge, the more likely it is that the appeals court will modify them.
Ulric Weil
I think it's a great idea. Why not participate in some of the buzz surrounding the Internet stocks
Ulric Weil
If you really drill down and look at what's going on, you will find, particularly when it comes to the consumer part of the sector, that there's an inventory buildup in the channel, ... So sooner or later, the channel stops ordering. There are no miracles here. The market is maturing, the product is becoming 'commoditized,' and these are very difficult times for these vendors.
Ulric Weil
I think that the stocks will recover again because the small investor that logs on to the Internet just sees the romance and the lure and says 'buy,'
Ulric Weil
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