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Technology Stocks : MFMI and ADVC

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To: Jason Webster who wrote (344)7/21/1999 11:22:00 PM
From: bob  Read Replies (1) of 388
 
My take is most traders buy on rumor and sell on news. That is
precisely what happened today. In BB stocks you always get day
traders heavily involved. This situation won't change until we
get to NASDAQ, and even then the problem persists but not to the
extent it does on the BB. Aside from traders you have investors
who tend to hold on to their stock until they feel it has
appreciated to a fair market value whatever that may be, then they
too sell. Traders are very happy when they make 20% on their
money. I don't buy stocks for 20%, I'm looking for 200 - 2000%
returns. This company has the technology to do it IMO. We will
have to be patient. The overall trend is UP, and that's what
counts.

Cheers.

Bob
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