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Strategies & Market Trends : The Rational Analyst

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To: Joe Copia who wrote (365)2/24/1998 11:39:00 PM
From: HeyRainier   of 1720
 
[ NETZ ]

Joe,

You made a very good call with NETZ, but I agree with Scott's sentiment with regard to the penny stock category. While the TA factors are indeed interesting, I am not currently interested in risking my capital in such a company with an FA side that is hollow and lacks substance. I have not done my research on it, so I have no business with the company or its stock.

I wish to remove myself from the more speculative side of the penny trading category, and focus more on investments for the longer term. I admit I will on occasion trade and hold an issue for only days, but I would rather do it with a stock that has a fundamental story that I understand to a deeper extent. Right now, I do not hold such a level of understanding with NETZ nor any company related to it.

Therefore, I must pass.

Regards,

Rainier
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