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Strategies & Market Trends : Pancho Villa's Short Analysis File

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To: xcr600 who wrote (74)10/23/1998 8:08:00 AM
From: Kip518  Read Replies (1) of 287
 
Any thoughts on why the crud is up?

I was stunned yesterday afternoon when I was walking by my TV, which was tuned to CNBC, and saw a chart of SCRM on the screen. It was being recommended by some broker in "long-shot" segment. They showed a picture of the "black box," a remote control, & some hazy image of a TV showing webpages. With this POS is being recommended on CNBC, I realized we're back to story stock phase again. Most of these crap stocks have "compelling" stories..that's how their prices got inflated before. It's a-sucker-is-born-every-minute time again. I can't believe that it could come back so fast (apparently "minute" literally means minute). This market is floating up on fairy tales and fairy dust again.
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