J Doe #13 Off-topic Non-Specific Tech Stock Ponderings Message Board

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Pastimes : J Doe #13 Off-topic Non-Specific Tech Stock Ponderings

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To: Johnathan C. Doe who wrote (1796)	8/4/1999 10:02:00 PM
From: Charlie Finley	Read Replies (1) of 1819

Johnathan, I know what you mean when you say you will not buy any nets now, they are falling like they have "NO EARNINGS", and it seems they have a ways to go. I think EGRP and AOL should bottom out soon, the rest of the market is just to shakey for me at this time. TERA did not do what I thought it would, and will be taking a loss on that one soon, WSTL is falling, but the level is holding in the 7's this time, could be a good sign. SEG is down, but I think it will bounce soon. ASTN has fallen to the low 8's and I am about to invest more with that one. I remember what we said last year when I got stuck on ROBV, "DON'T FALL IN LOVE WITH THE STOCK"!!!! That's always been good solid advice, and it's also a hard thing not to do when you believe in the concept and the company. I will apply that to ASTN and see what happens. My investment is fairly large here and I am now in the red, but if I average down it could be a good payoff. SNC is still down and out, along with the nets and it looks like the third tier stocks you mentioned will be beat to death as well, and we should come up with one heck of a list to play with. Talk to you soon. Charlie

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