Subject: KILLER NET SCREEN: UpdateDate: Sat, 17 July 1999 07:06 AM EDTFrom: BAGoldmnMessage-id: <email@example.com>Today: 7/17/99 YTD TheStreet.Com 54.6% Nasdaq 29.0% S&P 500 14.9% DJIA 21.2% Killer Net Screen 44.3% I can't believe I'm complaining about 44% mid-year returns, but after a down week, we're trailing TheStreet.Com, as well as three of the backtested annual screens (RS-IBD, Formula 90, and RS-26 week). Unless this baby pulls out the stops later this year and handily beats the other screens, I for one, will probably drop this approach in 2000. Although, I might not be able to resist keeping a few of my favorite internet bets. Its times like these thatthe backtest results provide needed unemotional ballast. Nevertheless, I'm staying the course through 1999! Go2Net (Nasdaq: GNET) -12.0% Ameritrade Holding (Nasdaq: AMTD) -14.6% RealNetworks (Nasdaq: RNWK) -8.9% Knight/Trimark Group A (Nasdaq: NITE) -13.8% eFax (Nasdaq: EFAX) 12.0%CMG Information Services (Nasdaq: CMGI) -9.8% DoubleClick (Nasdaq: DCLK) -2.4% Net.B@nk (Nasdaq: NTBK) -19.7% Winfield Capital Corp. (Nasdaq: WCAP) -20.1% C/NET Inc. (Nasdaq: CNET) -4.2% The Killer Net Screen is an internet momentum strategy based on selecting 10 internet stocks with the highest 26-week RS and trading/rebalancing semi-annually. Returns are YTD from 1/4/99. Stocks held during the first half of 1999 included: GEEK, EBAY, NSOL, DRIV, AMZN, YHOO, EGRP, SONE, MSPG, and MACR. To create a current version of this screen: (1) go to http://www.internetnews.com/stocks/list/0,1191,2521,00.html for an updated list of internet stocks; (2) use Jonathan Jackel's retriever program at http://www.geocities.com/WallStreet/District/2148/backfunc2.html to retrieve prices for yesterday and 183 days ago; (3) compute and sort by declining 26-week price change; (4) pick the top ten; and (5) trade semi-annually. Note that this screen has not been backtested. Mechanical trading and/or rebalancing at other regular intervals (monthly, quarterly, annually) may also be appropriate depending on your investing style. This is an extremely volatile screen, which I personally use only as a small addition to a diversified KILLER PORTFOLIO. So proceed at your own risk. Regards, Ben Goldman
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