SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ask DrBob

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Drbob512 who started this subject9/20/2000 9:07:21 AM
From: longdong_63   of 100058
 
winnes...a little blurb from a newsletter I get.Just a few quick thoughts for tonight

*********************************************

Deep Value Play

ETYS (E Toys) All e-commerce retailers are getting dumped on by the analysts while at the same time AOL is reporting their members spent $4.9 billion on its shopping services last quarter which is more than double the previous year.

Juniper Communications also says it expects online retailers to amass $9 billion in "holiday sales", which is up from $7 billion last holiday season. Forrester Research estimates that holiday online spending to reach $10 billion, slightly above the Juniper forecast.

Something's gotta give here. With virtually little competition in the on-line toys marketplace other than Amazon and tarnished Toys R Us, this stock (ETYS) is looking attractive for a pre holiday run-up.

We bought in today at about 6. Nothing big, only 2000 shares on speculation. Currently we cannot see ETYS falling much below 5 1/2 or so and the potential to reach the high $9 range looks promising.

At $6 per share and a book value of $1.55, the downside appears limited considering that we're about to enter the prime season for this struggling company.

I must confess, we're in this for a few quick bucks and do not consider ETYS an "investment".

*********************************************

Today we also bought INTC and ORCL early as per our alert last night.

*********************************************

Watch KOPN, its beginning to interest me as it may not reach $20 as we expected. It could be bottoming now. This is no guarantee but it may be a good idea to watch this stock.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext