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Technology Stocks : Cyberian Outpost (Symbol: COOL)
COOL 0.103+10.6%Sep 5 5:00 PM EST

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To: JudgeJudi who wrote (1860)12/5/1999 11:08:00 AM
From: Daytek77  Read Replies (1) of 1932
 
You are incorrect in assuming that there is less risk in buying the so-called first tier stocks at their present levels. Take Amazon for example, losses as far as the eye can see, they generate traffic but ask an analyst when this company will make any money. Cool has been the victim of its own success, it has moved from the $8.5 level to $ 15 15/16
now it has corrected about 2/3 of this level which is normal. Also if you were objective you would note that Cool has consistently beaten earnings expectations and should do so handily this quarter also. At these levels after a 2/3 correction Cool is a great buy and IMHO can be counted on reaching the $19-$20 level by year-end.
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