Wall Street opens 1999 with a bang, as the Dow and Nasdaq repeatedly set new highs, driven by gravity-defying Internet stocks. Among some of the weeks winners were Internet bellwethers Amazon.com, Yahoo, Excite, Lycos, and Broadcast.com. The stocks continue to mystify analysts, who wonder if what goes up must come down.
Analysts send mixed signals on Net stocks
update Some experts predict a decline in Net stocks, even going so far as to recommend short-selling, while others speculate that Net blue chips have nowhere to go but up.
Records all around on Wall Street
Broadcast.com trading resumes
Amazon stock continues to soar
AT&T sees higher earnings, plans stock split
Upcoming earnings boost Net stocks