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Strategies & Market Trends : APMP (formerly APM)

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To: Rudy who wrote (10761)	4/20/1998 2:13:00 PM
From: Wall Street Jr	Read Replies (1) of 13456

Well Rudy, I guess I'm going crazier than you are. I discovered KTEL when YHOO announced earnings. I shorted the stock for the contestlast week and lost. I should have had more faith on the market than on the stock. But you are right, it is CRZY. In the past the market was pricing a stock like a quarter in advance. Now, the market is pricing a stock sort of like 2 years in advance. KTEL was/is making money no matter what. Going online for KTEL to sell cds is what investors are speculating on that KTEL will make more money. I believe long term the company will do well but to buy the stock now is very scary. Like you said, investing depends on tolerance and time.

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