Thanks Paul on the note about ICO. Dealing with these small caps sometimes you wonder if the value will ever be recognized.
One very positive sign that I've picked up from recent research is that institutions have stabilized in their market share of the equity sector - and individuals are flooding into the market and starting to make stock specific decisions on their own with on-line trading.
With regard to Internet stocks I don't think these individual decisions are too well placed, but sooner or later many will look past this hyped up sector to buy more value oriented growth picks.
Check out these articles to support my theory that individuals are going to have a bigger say in where money gets allocated in this market - an it very well could be smaller companies:
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"On-line transactions now make up 27 percent of all retail investments these days and are up dramatically from even a year ago, meaning this is no longer just for thrill seekers," said Lisa Nash, vice president of customer management with the E*Trade Group on-line brokerage firm in Palo Alto, Calif. "The Internet has leveled the playing field between the individual investor and the institutional investor." New accounts have simply been coming in too fast and it will probably take another two years for the on-line industry to expand its capacity enough to solve most of its service problems, On-line trading is growing with all the speed of the Internet, boosted even more by tried-and-true inducements such as signing rewards, frequent-flier miles and telephone service discounts.
chicagotribune.com
They call it ''Market Storm 1999.'' And it's Charles Schwab's version of sending in the Marines.
Nearly swamped by an unprecedented surge in stock trading, the world's largest discount and online broker is taking emergency measures to keep customer service from breaking down. Even though the firm keeps shoveling new computer capacity into its network, its online system, which now handles nearly two out of every three stock transactions, has buckled.
sfgate.com
Joe |
