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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (39357)11/10/2000 12:06:07 PM
From: AlienTech  Read Replies (2) of 43080
 
Well buy companies with big backers! Thats the only way to make sure the company stays around!!! No matter what the fundamentals and the future if they run out of money then they are shiet outa luck. And like CC used to say, you go broke once you gota do it alla tyme! ENGA and NAVI should be easy doubles. CMGI wont let them go broke just yet! Can you belive last month Robert Stephan gave a price target for navi at 115, but says it will be more like 75-110.. ISLD payed more for their content division than what they company is trading for now, but they have huge capital spending requirements. NEON is looking spiffy~!!
ICGE is nto bad either, 500 mil in cash alreayd with 750 in VERT stake.

Hmmm NAVI can easily hit 40, But CMGI is a much safer buy here.. But you got to look death in the aye and say, 100% or 400%... But I am getting killed in NAVI, down 50% in 3 days???? Sheesh!

I got CMRC and CMGI today.. Already down on them sheesh!!!! Next week I move in to jeff's garage!!
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