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Strategies & Market Trends : cash-rich dot bombs

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To: baystock who wrote (71)	12/19/2000 4:40:20 PM
From: Jeff	of 184

yup......otc is crap...but in this market with dot.coms dying....earnings warnings that can wipe you out overnight......analysts who downgrade stocks after they fell 90%...... looks like the nasdaq and otc is playing on the same field these days...... the only reason i mentioned PUPS was because if you drive a vehicle.....and if you ever been in a parts store.....you can relate to this company.....its real......but the stock of course is just a crap shoot like any other these days..... the nasdaq has now turned into a joke exchange.....i bet it wiped out more investors than otc's stocks ever will.....ya know why...... because when people buy otc. ......they go in knowing the risk......and trade accordingly with small amounts of money......when folks bought stocks like AAPL...CSCO.....ARBA.....INTC.....they put huge amounts of money in these so called safe plays......or just because stocks like VERT......ICGE.....CMGI...or any stock that was once 100 or more bucks .....now trading in single digits.....people thought they would never get wiped out like this...... otc.....nasdaq....its all the same in this market......no more throwing darts and hitting a winner like last year...... its a stockpickers market now......and you better be right..... one other thing......everybody knows otc is crap going in......thats better than finding out you bought crap that you thought was good......roll!!!!! regards

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