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Technology Stocks : THNK -- Think New Idea -- Rolls Royce of Web Page Creators

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To: micny who wrote (64)3/26/1998 12:19:00 PM
From: Grantcw  Read Replies (1) of 545
 
Micny,

I agree with the web site fiasco. It does sound a little fishy.

Please combat these two things:

1. The chart. We've broken to a new all time high recently on high volume. I'm placing my bet that the buyers are more than just people being suckered in by internet hype as this thread wasn't started until it had already crossed its high.

2. Earnings and future prospects. Maybe their own web site does stink. I can't really tell myself. The bottom line is that this company is making money and gathering new business.

Do you have anymore insights besides the poor website? That's not enough to get me to sell.

I'll give you one helping hand. The Yahoo thread had a good question mark with the recent dismissal of their auditor BDO for Ernst and Young. The former auditor noticed a potential material lack of controls. That scares me a little more than the web site.

Grant
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