Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: the hube who wrote (16824)	9/28/1999 5:52:00 PM
From: gizmo&jack	of 108040

VITR price drop due simply to its status of not being a newly minted IPO and not quite close enough to QP end for people to focus on it. The influx of IPOs has created an absolutely ridiculous market imo. I really haven't seen anything like it. LIOX today taught me a big lesson. I caught its news real early and managed to make a small profit, but I was really disappointed. Thought it was huge news. Still do and think the company is far better than many recent IPOs but it doesn't matter at all. I will not buy another stock that is older than 30 days for awhile. That's all people care about right now. Even the stocks that came out Thursday, Balmer day, have not been able to recover from their demise. Yet the stocks that came out Friday, though suffering a bit today, are all up significantly from their open. One day gone, and they are ignored. It won't last though. And now is the time to pick up the more solid stocks that will get better recommendations come end of QP. VITR is on the top of my list.

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