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Technology Stocks : Internet Initiative Japan Inc-(IIJI)
IIJI 22.070.0%Jan 21 4:00 PM EST

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To: Rupert who wrote (104)9/20/1999 12:09:00 PM
From: Bimini  Read Replies (2) of 170
 
To clarify: I do look at a company only as a investment because I buy and sell stocks. If a company meets a certain criteria for investment grade the stock also has to be in an area of value to buy it (ie: I like costco but set a buy at under $70). Because you think a house is a good investment do you pay 25% more than the neighbor did just to have it. I hope not. Two reasons for my trading the stock rather that investing: 1. China and its future (Banking practices are terrible). 2. Competition. I will not pay 2002 earnings projections prices for a stock today. I meant to say, I feel at under $60 this stock will hold that price and move up from there, gradually. At or under $60 I MAY be a holder of IIJI (investor). Until I see that happen I will play the rallies short and long.
Good luck.
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