Sage Lion:

Live from

TheStreet.com

, Sage is proud to introduce reporter, Mr. George Mannes.

GMannes:

Good to be here.

Question:

Do you expect the volatility in the Internet sector to continue, and for how long?

GMannes:

Yes I do. I don't know how long it will continue other than stock prices in the Internet sector depend a lot on sentiment and hardly at all on earnings and investors are fickle so it will continue to jump around.

GMannes:

There are a lot of people who when they think of must own stocks think of the biggest names. Companies like AOL, Yahoo, and Amazon.com, though each of these companies is not a sure thing, if you must own internet stocks, be sure that it's a small portion of your portfolio.

GMannes:

Even people involved with Internet related mutual funds, often advised to put a fraction of your assets in such a fund because the sector as I said before and everyone knows, can be so highly volatile.

Question:

What will it take to jump start AOL again?

GMannes:

I can't predict exactly what it is going to take, but I can make up a few scenarios. One of them would be if they had surprisingly quick adoption of their high speed broadband service, that they are going to be introducing through some local telcos later this year.

Question:

In the year 2000 will all of the people with bank accounts or trustfunds lose any of their money?

GMannes:

That's a good question. I would say not if they invest in certificates of deposit.

Question:

How important are the Internet infrastructure companies, and can you give us some examples of them?

GMannes:

Just by the name of the sector they are very important to keeping the public face of the internet up and running.

GMannes:

An example of prominent companies in this sector are Exodus, which hosts web sites, Doubleclick, which sells advertising and delivers it to web sites, and Inktomi, which has a variety of products, such as one that allows companies to deliver information efficiently.

Question:

Do you think wireless will be a key factor with the internet?

GMannes:

Yes it will. But I don't know when. It doesn't seem like a big stretch in terms of either technology or business plans to imagine a world in which people get abbreviated access to the internet through hand held computing devices such as a Palm Pilot.

Question:

Do you like the 2year trusts for internet stocks or do you prefer buying each stock individually?

GMannes:

I've never heard of a 2 year trust and maybe I should go find out what they are.

Question:

Your thoughts on goto and china?

GMannes:

I think I'll be fascinated to see how China.com's fortunes go.

Sage Lion:

Thank you for joining us Mr. Mannes. Any parting shots?

GMannes:

Just to encourage you to visit our website, www.

TheStreet.com

where much of our coverage is available for free and through a 30 day trial.

Sagecalc:

Thank you Mr. Mannes!!