Robert Robbins Quotes on Internet (3 Quotes)

I think the technology run is going to continue quite a ways, ... although we can always have a correction. And indeed, we've already had something of a correction. But the Internet's been my favorite sub-group for a couple of years now. And trends tend to persist longer than people think. I think this is a powerful trend. It's a fundamentally sound trend. Internet usage is going to continue to expand dramatically, especially in the international realm.

I think with technology we had a two-year run that was fantastic and the Internet is off the front burner. It really is in trouble. You look at the top three market caps -- AOL, Yahoo, and Amazon, the technical trends are very mediocre to negative. And that's true of most of the others as well in the Internet area. So I wouldn't be so hot on tech especially at this time of the year when risk taking is really not a good idea. This is the worst seasonal period of the year going into late September and October. Now we may have one more little move up to the summer rally highs, but I wouldn't be chasing it,

It's obviously a play on telecommunications, long-distance (and) Internet-related stocks, and it's doing a lot better than some of the Internet stocks that have softened recently.