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"Killer" Net Screen      

by Jim Stevens ([email protected])

Burlington, VT (April 12, 1999) -- Okay, I couldn't resist any longer, I had to get some copy out on Ben Goldman's hot Internet stock picking model. Did you hear that? That's the sound of another hundred thousand new investors clicking their mouses on order buttons just now and driving 'Net stocks up another 5%. Or it could have been a bunch of Internet naysayers covering shorts while 'Net stocks tank on the day. It's anybody's guess.

For those of you who haven't had chance to read the posts that Ben Goldman so generously shares with us on the Workshop Message Board, let me clue you in. Along with the regular weekly update of his Killer Portfolio, which Ethan Haskel wrote about in a Workshop Report earlier this year, prolific Ben also puts up the weekly ups and downs of his own Killer Net Screen. And, let me just say right now that there's just nothing better than something "killer," in my book.

We've all searched high and low for the "killer" job at some point, heard and told many tales of "killer" weekends, and seen games won or lost because of an athlete with the "killer" shot. Morbid, yes but still the epitome of superlatives. And Ben's Killer Net Screen does not disappoint. The Killer Net Screen, as described by its creator, is "an Internet momentum strategy based on selecting 10 Internet stocks with the highest 26-week Relative Strength." Ben fleshed out a real time Killer portfolio on January 4, 1999 and here, according to BAGoldmn, are the latest performance numbers on the picks through April 9, 1999.

Internet America <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: GEEK)") else Response.Write("(Nasdaq: GEEK)") end if %>                   13.2%
eBay Inc <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: EBAY)") else Response.Write("(Nasdaq: EBAY)") end if %>                          128.0%
Network Solutions <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: NSOL)") else Response.Write("(Nasdaq: NSOL)") end if %>                  38.4%
Digital River <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: DRIV)") else Response.Write("(Nasdaq: DRIV)") end if %>                      21.4%
Amazon.com <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: AMZN)") else Response.Write("(Nasdaq: AMZN)") end if %>                         53.6%
Yahoo <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: YHOO)") else Response.Write("(Nasdaq: YHOO)") end if %>                              66.0%
E*Trade Group Inc <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: EGRP)") else Response.Write("(Nasdaq: EGRP)") end if %>                  61.6%
Security First Technologies <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: SONE)") else Response.Write("(Nasdaq: SONE)") end if %>       208.6%
Mindspring <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: MSPG)") else Response.Write("(Nasdaq: MSPG)") end if %>                         67.6%
Macromedia <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: MACR)") else Response.Write("(Nasdaq: MACR)") end if %>                         28.6%
                              Killer Net Screen        68.7%
                              Nasdaq                   16.8%
                              S&P 500                   9.2%
                              DJIA                     10.0%

We don't know when the bubble will burst, but with these kind of eye-popping gains in just three months, you can see why plenty of Wise investment houses are clamoring to hire Internet stock analysts and jump headlong into the action (with their clients' money, of course). I read a piece that said some of these young Internet analysts who purportedly "know" 'Net stocks were being hunted down and recruited like sports superstars -- six figure contracts, etc. Any calls lately, Ben?

Check out this post by Ben Goldman for his whole Killer Net Screen stock universe, with performance numbers. Thanks, Ben.

Have a great week!
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