MArk, you know the secret to investing is finding a leading stock that may produce earnings,and riding the other ones for all they are worth. I missed this one on the long side,not a shorter. Well I remember AMGN,is produced earnings,and every crap biotech in the world hit $100 a share. Most are gone now,a few major ones are still here,and making money,the rest are haging on. Or CSCO posted great numbers,the telecom equipment makers all hit $100,now they are all struggling except CSCO,LUcy,and a few others. And the beat goes on,this made sense,everyone is wired now,though slow connections,I thought software enabling companies would take off,they have,but nothing like the Portals. I don't use search engines much,because of an extensive bookmark library. I think that is how YHOO got started,they were trying to put a bookmark collection together in their cellar. It makes sense what has happened,though most of the weaker companies will rise and fall, the biggies will remain.
Hiram |
