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Technology Stocks : Internet Guru Discussion
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To: KZAP who wrote (3794)1/4/2000 5:45:00 PM
From: Steve Antonelli  Read Replies (1) of 4337
 
>>>> You're not happy with the picks or the way things
have turned out?

I wouldn't call the list "underperforming no-names"! <g>
They may not be all of what you think they should be,
but I sure wouldn't call them "no-names". (at least not
four of them) <g> <<<<

Here's what should have happened in releasing the list of 10 stocks for 2000.

Publish the list to those that wanted to pay on Sunday December 26th in the evening. That would have given those people a chance to do whatever research they needed to do before the market open the following morning. By publishing the list the last week of last year, the inevitable price increase would have occurred then, and not in year 2000. This would have removed the controversy of an easy 23% increase starting off the year on the first day. His 23% one day increase beats the S&P 500 for all of 1999. Anything wrong with that picture? I think so. If he had published the list in 1999, then whatever the portfolio does in 2000 would be valid and not artificailly increased by the one day hype gain. I'm sure he intentionally released his picks to get the biggest possible boost starting off 2000.

Regarding his picks, there is nothing wrong with AOL, CMGI, and CNET. RBAK might be a good pick. I would need to research that one in detail first before commenting.

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