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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: wiley murray who wrote (10208)11/28/1998 12:10:00 AM
From: myturn  Read Replies (4) of 25711
 
WKWG continues to gain strength daily. I don't see any weakness in the stock.........Company said news is inevitable in the near future.

WKWG is a Search Engine that has been public for a short period of time. Very few investors are even aware of WKWG. There are numerous internet companies that were trading around $ 2.00 range only a couple of weeks ago and a few of them this past week traded as high as $40 range.

These companies are getting major exposure by the like's of CNBC, Bloomberg, etc. In the near term, I don't see the investor wanting to put his/her money anywhere else.

WKWG's true potential, like any other company, in the long run will be based on strong management and a strong balance sheet, but in the meantime, the investor has a great opportunity to take advantage and get in on the ground floor of a market that sees no signs of interest waning from the excitement in the internet stocks.


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