"What the market needs is a high-profile Internet stock to go out and do well."

All the more reason to buy really expensive Internet stocks, which can just keep going up.

The Internet stocks still have a long way to go.

Generally, however, it was not a good day for Internet stocks.

Then the market for Internet stocks started what would be a 98 percent decline.

Reality has already set in where Internet stocks are concerned, of course.

So far, Internet stocks seem to be proving him right.

How much more do Internet stocks have to fall before many investors lose interest?

"At this point, the easy money appears to have been made in Internet stocks."

But he agreed that the days were gone when one could play any Internet stock and make money.