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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: 2MAR$ who wrote (49800)12/22/1999 1:42:00 PM
From: gizmo&jack  Read Replies (1) of 108040
 
Re OPTO and the market again: (1) I must admit some of the stocks that have recently skyrocketed have left me speechless. CMGI, ICGE, and some of the b2b's are mind-boggling. And that's because absolute valuations mean nothing anymore. I hate to say it, but even I am becoming a little bearish on some of these 1st tier stocks. And the downside on some of them is huge. When people start getting a little taste of it which they haven't yet, they will exit saving their enormous profits. And then they will look to 2nd tier stocks to duplicate their success. Happens every single time. (2) I challenge anyone to come up with more b2b stocks that have not run versus ones that have. The run also happens almost every single time. That being said, it is very risky not to be buying OPTO right now. Every day that goes by could result in a huge opportunity cost.
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