New Internet ETF based on GS Index Long Overdue (ETF: HHH)

 |  Includes: GOOG, HHH
by: David Fry

The latest comments from two analysts projecting GOOG to grow to $550-600 per share is reminiscent of similar forecasts for other companies in 1999. It maddens me that no one has seen fit to step forward and issue an Internet ETF based on GS Internet Index (GIN). All we have is HHH (Internet Holders) with no opportunity to add any stock constituents like GOOG. The GIN is up about 23% with GOOG only recently added while HHH is up only 8% during the same period. This is pretty annoying. Note graphs below: