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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC

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To: Daniel Miller who wrote (80)1/17/1999 3:40:00 PM
From: ztect  Read Replies (1) of 1150
 
Daniel...

DBCC had a float of 19,000,000, look at its recent charts.

Events drive the prices of these and most internet stocks more so than small floats. WCTI is being driven by the launch date and pr, those are the events...the floats has always been around the same size.

However, aside from float, PR's per week isn't a very good reason to make a selection. The quality and content of news is more important than the frequency. Look at the press release page on the raremedium.com web page. Note the quality.

Speculation also causes stocks to quickly tumble. As strange as this sounds RRRR is a "value" play in the internet sector. RRRR price will move as anticipation of the 10-Q is released. If RRRR numbers beat the street's whispers, then watch out.

Dan, don't wish to beseech you, but you've been fortunate to start out in a very strange and speculative environment where success can make you feel more knowledgeable than you may actually be. Success in investing is measured over years in different market conditions, not in months during a speculative craze. Since you didn't invest in biotechs, you may just be showing your age.

Good luck and may we all prosper in whatever decisions we make.

Sincerely,

ztect

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