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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (1496)11/27/1998 1:15:00 PM
From: Stephen  Read Replies (1) of 90042
 
SHRP actually has great internet fundamentals. Briefing.com ran a piece that basically said that instead of headlining their financial performance last qtr, they should have just said that their e-commerce site business had grown by ....what was a large percentage ... 300%+ I think (someone help me out here) ... and, tongue in cheek, said that their price would have doubled (GG).

I am holding.... and bought twice on the dip. Downside is limited .... they're still 33% off their 52 week high. Additionally, they have an interactive droid that is kind of a Furby take ...... it wanders around, interacts, talks gibberish, purrs if you stroke it .. and interacts with other droids. Its one of their exclusive electronic toys and is going well I believe (though its really not that cute imho.....but what do I know).

The 'investors' are looking around for internet e-commerce plays ... I won't buy the run-ups ... but this looks good. Heck, they're even profitable and with the retail sector going well ...

Enuf said ...

Have a great week end everyone

Stephen
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