Hello again everyone,
I got my first sell on a little KEA I plugged into the PCA system a few weeks ago. I'm a little hesitant to "AIM" this stock as it is among the highest total return stocks over the past 10 years.
When I was researching KEA, I came across a few stocks in the same group ( SYNT,IMRS,CBSL,CHRZ), that had corrected a bit and looked timely, but I went with one of the blue chips.
After the action in these stocks last week and the growing awareness of Y2K (which is only 6 Qtrs. away), I am beginning to think that there is a possibility of certain IT and y2k stocks having spectacular returns over the next 4 Qtrs.
There are a lot of IT consulting firms and even more y2k stocks, some of which are highly speculative, but I think that among these 2 groups, will be a few stocks that outperform the market tremendously
The growth rates on the above companies is noteworthy in this difficult market of tech dissapointments and low prices.
If you were insightful enough to have a portfolio of internet stocks plugged into your AIM system, you would be holding a large cash reserve which could be swapped into another sector that is not so outrageously valued. One of these days, YHOO, AMZN, etc... are gonna signal a "buy" for AIM and I wouldn't personally have the stomach to purchase on the first dip.
Oh well, just some random musings on a lazy evening.
Take care everyone and good investing. |
