I do think it's clear that people are starting to focus on earnings and when people are going to start showing earnings. Although Yahoo! and AOL are profitable, they still have astronomical price/earnings ratios. It's going to be a while before earnings catch up to valuations.

Dalton Chandler

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There are so many companies that are public now that I can't see everybody making it. I don't think some of these new publicly traded companies are going to survive.

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This has been a little unusual in that Internet stocks have been selling off on a steady basis. Usually, you see the sector down 20 percent one day then up 40 percent the next.

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