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Technology Stocks : eMachines IPO - the next DELL?

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To: J. P. who wrote (2)7/12/1999 11:14:00 AM
From: TheStockFairy  Read Replies (1) of 11
 
Are you kidding? AOL and Dell performed crappy after their IPOs...for AOL you had to buy in at 25 cents and hold for 6 years and through 6 splits to make any money. <g>

What I was saying is emachines won't be a flip stock and you have to hold through the volatility (+/- 50% swings)and crappy earnings through the first coupla 5 years. When you jump in now, you end up getting in at $75 to $100, ends up running up to the mid $100s and still no earnings. It will be a momentum /extreme speculation play. I don't ever think it is going to be an "investment."

Yes, I think that sub $500 or free PCs with an internet connection are the wave of the future. Joe Six Pack doesn't have the cash to invest in $2k post obsolete Dell, and the internet is still the buzz.
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