Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: SMALL FRY who wrote (91953)	4/6/2000 11:31:00 AM
From: Jenna	Read Replies (1) of 120523

That's exactly the way I play the game.. Only I won't trade AMCC and BOBJ to buy GLGC and ABSC but rather the other way around. I had my round with the biotechs, as I've had my round with the nets, now I'm treading more carefully. Will the biotechs come back to old highs? No one knows but I won't gamble. I'd rather get a few 'representative biotechs' which is what I said and hold for spans of 1 or 2 days. The trouble is when ABSC moves up 5 or 10, there is a desire to take profits because everyone knows how precarious they are. On the other hand a little 'foot in the door' never hurt so a few hundred shares to ride this possible 'mini-rally' can't hurt. If and when I see something genuine then a 4 or 5 point gap up (10% gains) will not hurt a 'supposedly' 200-400% gain which is the old highs for the biotech sectors

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