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Strategies & Market Trends : UVEW .......Joe's Corner /The last of the long termers

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To: Joe Barker who wrote (42)3/26/1999 7:43:00 AM
From: Joe Barker  Read Replies (1) of 58
 
I really got a kick out of this. It reminds me of several news releases from Custer. All of you "suckers" raise your hands.
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Online auction company AuctionAnything.com saw its stock rise by nearly 40 percent yesterday after announcing that it had been "accepted" into the Amazon.com Associates program. This despite the fact that AuctionAnything.com is one of more than 200,000 Amazon associates and just about anyone with a Web site can join the program.

AuctionAnything.com's stock ended the day at 1.5625, up 0.4375 from yesterday's close of 1.1250. The stock began trading under the new symbol UBUY on Monday.

Although a company executive attributed the jump in the company's stock to the company's increased visibility, analyst Vernon Keenan of Keenan Vision said the rise probably had more to do with the exuberance of what he deemed "uninformed" Internet investors.

"It's the law of P.T. Barnum," Keenan said. "There's a sucker born every minute."
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