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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce

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To: D. RUTTER who wrote (2337)10/27/1998 5:24:00 PM
From: M. Frank Greiffenstein  Read Replies (1) of 2752
 
Not so quick!

DR, maybe we will have a good run and I certainly hope so, but I fear that TSQD's and DRIV's recent revival are just technical corrections to a long slide in OTC and small cap stocks. A willingness to speculate on penny stocks again, if you will. But this 2 week bull run is very strange, because the "bottom" of the recent collapse put the SP 500 average PE at about 21. This "bottom" is higher than he historical PEs during bull markets, LOL!

Anyway, the optimistic side of me tells me that money eventually gravitates to quality and good stories. GBLX is one example (one of the few stocks I am long in myt rading portfolio). People will realize DRIV is just like AMZN, except DRIV has a business model that works. And when DRIV finally catches on, so will TSQD.

DocStone
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