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Technology Stocks : Ticketmaster-Citysearch (TMCS)

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To: neverenough who wrote (108)12/4/1998 12:18:00 AM
From: kennny  Read Replies (3) of 803
 
I believe that the use of intelligence is great when looking at stocks, but it does not always work when buying a stock. Should EBAY or AMZN be at 200 plus ? Who would buy or use anything from KTEL?
I owned and sold BAMM and believe me...that was a no brainer! I bought TMCS today because of a phone call from a friend broker in N.Y.
and because of all of the hype it had about opening up at near $100.
Not good reasons to buy and I bought at the high side. I didn't have enough time to check it out. Plain and simple, I Screwed up and bought. Now, since you use more intelligence than I do with this stock, What would you do with this stock...Hold or sell and take a loss. Most people are posting that they feel it will be in the 20 to 30 dollar area.
thanks
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