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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (4810)11/30/1998 11:44:00 PM
From: TraderXx  Read Replies (1) of 18998
 
Mr. Pink....I would be interested in finding out your target for KLOC and FHT. It seems to me that today was more of profit taking and correcting in a sense of the internet stocks. Where I will be looking towards are the internets (for example NAVR or SHRP) that stood up to a down market. The bottom line is that the internet is here to stay and its potential to generate millions in earnings for a number of companies will always be there. I agree that KLOC and maybe FHT are looking to increase the next days or weeks, but I guess everybodys wondering on its short term upside potential. With the upcoming Christmas season and numerous press about internet IPO's and the companies that own them, it is my belief that in the next weeks or month that we will see an upside to a number of internet plays, long or short.

Anyway, I appreciate your perspective.

P.S. For the safer buys,its my feeling that you can't go wrong with DISNEY (DIS) as a buy. Too much press and momentum coming on
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