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Non-Tech : SME(svcdq) has it bottomed out yet? Or will it hit bottom?

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To: RavenCrazy who wrote (187)12/3/1998 7:57:00 PM
From: GT  Read Replies (1) of 305
 
SME is gonna rocket - This is prime launch territory - an old established retailer deciding to go on-line and thereby cut way down on overhead. Makes companies like BAMM, KTEL, etc worth 3 to 15 times their previous stock price - overnight.

Yes - I know - CNBC is bashing internets all over the place - but did you know the only reason they are doing that is cause mm's and brokerage houses have lost their shirts to all of us net stock buyers ? The public ain't gonna be dissuaded here imo - and they will continue to buy into these small net turn-around plays - especially in the very beginning. Tell me Joe Kernan won't buy 10,000 SME tomorrow while no one is looking for a quick $20,000 - all the while smiling and saying how "over valued" all these net stocks are.....bla bla bla

Gorcon
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