Hi ya,
Of course, RAZF did split 2 - 1 awhile back, so that would still be higher than the price it initially IPO'd at. SILK is the one that really popped my eyes awhile back when it hit 160+. Its been awhile since I've looked at these types of stocks, so what their current prices are would be unknown to me.
But along those lines and picking up with your "The market has gone a little soft when dealing with e-commerce.", I got to thinking about what happened in Dec. of '98 and the subsequent falling down of e-commerce stocks like COOL, ONSL, EGGS (hopefully you get the idea) after the first quarter. Look at the "hot" stocks of Dec. '99 and then see where they are now. Is this what can be expected in the first quarter of '01 after the '00 4th quarter? I'm counting on you to remind me. <gg>
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Take a look at CELG especially the concensus estimates for '01 via Zacks. If you need a link, just ask. Also, the stock splits 2 or 3 - 1 after the close Friday.
I still think we'll see some upside as we get nearer to the 18th when a lot of the chip stocks report earnings. MOT will be old news (I hope) in a day or two.
Favorites for the next few days: CY, CELG, WEBT, SABA, RFMD.
Around,
Mike |
