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Strategies & Market Trends : Point and Figure Charting

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To: mph who wrote (10099)11/25/1998 12:48:00 PM
From: The Phoenix  Read Replies (2) of 34811
 
Hey there,

OK OK... so after all this COOL EGGS talk I had to go look. Now let me see if I get this right.... the idea here is to throw money at companies that announce their doing business via the web? Have I got that right? COOL looks new and has little history....and is trading at 16 times sales with negative earnings... I just don't get it. As for EGGS.. OK so at least they have a franchise and is trading at only 2 x sales which looks good. I'm just not convinced that these internet plays are solid investments.... they're too volatile and...well.... they scare me. :) So, Marie...tell me, what's your thinking here. What am i missing? Granted that the internets have done well in the past 3-4 weeks, but won't they be the first to tank in a sell-off? I'd like your advice. Tom??? You out there??? These definitely look like TDT's. AND JAN!!! If you're in COOL then I don't want to hear anything more about MRVC!!!

OG
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