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Technology Stocks : SMALL CAP TECHNOLOGY STOCKS: WHO WILL BE THE NEXT MSFT???

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To: Waterloo who wrote (26)5/11/1997 12:51:00 AM
From: Neurogenesis   of 84
 
Global Maintech will make you famous in six months. For now, however, almost no one is going to listen to you.

Everything you said is true. That makes Global a 'no brainer'. But believe me, investors think they are looking for the next Microsoft, but won't know it when they find it.

Here's what will happen. At $8.00, those who find it will believe they are 'getting in early'. At $12.00, it will be a 'screaming buy', and people will be gushing all over themselves talking about how $12.00 is ONLY 60X earnings, and that the stock is going to go to $20.00 (or $40), 'because it's growing at 400%!'.

For now, it's just a $2 stock that no one's ever heard of.

I have my little 'flurries'. But basically I just sit on my hands and wait. I would advise you to do the same. Tell your friends (to the extent they can afford it), but otherwise just wait.

You have found a good thing. I know the purpose of this board is, in part (supposedly) to share real insight with other investors. But for some reason, that doesn't seem to generate much real excitement.

Really, most people wouldn't know 'the next Microsoft' if it walked up and bit them in the nose.

Regards, Steve the avid trout fisherman.

P.S. Hang on to your hat, I am guessing that the rest of May is going to be quite fun for you.
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