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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (34278)	11/24/1998 8:44:00 AM
From: Haim R. Branisteanu	Read Replies (1) of 94695

bearshark they said the same think about biotech companies. I would agree that the Internet is a great communication tool and boost efficiency, but making real money is another story. Selling at a competitive price below cost is no great achivement, even if sales double quarter to quarter for a simple reason losses grow to. Bloomberg put the Internet stock issue best - those companies are concentrating in selling their stock and not their products. Proven they are very good at it. Therfore you see advertising in places that stock buyers are. Just watch the move of stock relative to the advertising. IBM was range bound until they started advertising heavely about their Internet solution stock moved from around $100 to $166. HWP failed to do so the stock is in the cellar. CSCO, AMZN, YHOO, ORCL, LU do it all the time wen their stock retreats and the stock goes up. NT stoped advetising the stock goes down. BWDIK Haim

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