A Great Day For Techride Yesterday! Broncos come down from mountains and beat the squawkers under their own palm trees! 2 out of every 3 Superbowl Ads mentions DOT COM. The HalfTime looked zackly
like Techstock '99 (it WAS!) complete with car entrances and GNET BAND in zoot-suits backing up Stevie Wonder. Joans appetizers, Blue's dinner. That Mile-High Creamsicle Float, gotta try it, sounds great.
Best of all, Blue gives us core philosophy of Millionaire Techriders -
"He who has the most shares at the cheapest price wins" ...and...
"All You Have To Do Is
Buy Low (Co. with earnings), wait for a 909er or two (no matter what), and then sell, sit back and wait, and buy low...."
Brain is burning up on Blue's Challenge - "What Will The Internet Be Like In 2 Years". I wrote a bit some posts back, but just scratched the surface, you got me thinking as always. I mean, let's face it, the only reason I pay attention to mechanics and design of sites and software stuff is because I invest in Internet Stocks. You too?!
I'm having trouble seperating "What Will The Internet Be Like In 2 Years" from "What Will The Internet Stock Sector Be Like In 2 Years". And it needs to be seperated, otherwise it's putting the cart before the horse. But I will say one thing I grokked recently....All the networks (FOX, CBS, etc.) are getting their websites in line for the next wave of couch-potato no-puter-hassle Internet Users. In Other Words, The Majority. And so far, those of us on The Internet are more than content to entertain ourselves on our cyber back porches and libraries. But are we really where the Big Bucks Are? The Networks and entertainment Co.'s (VIA, VO) are getting ready to give a choice of amuse yourself or be entertained by experts,just like TV & Movies, IMHO. Anyone interested in this train of thought?! These Co.'s shares are still pretty cheap, next to nets. What got me thinking this, is upping my holdings in DIS and getting USAI recently, paying closer attention to cable and set-top box stuff with SRCM, how'd you guess?
ps. Hate to nag you, but take a look at TODY news today and the last month's chart. Major stockstuff site, planning for the biggest ever.
'Twon't be long before it's not cheap anymore IMHO (I hope). Price rise and progress has been steady. Diversified.
&
pps. The millionaire.com Portal (whaddyathink?) promises to open
tomorrow. The Millionaire Magazine is nice, request an investors packet from e-mail from there if interested & they send a free mag.
Lots of controversy over MLRE on the SI Board, where I sometimes go. I say it will open, do fine, and zoom. If not, I'm wrong again, oh well, can't be right all the time. Unlike DIS and USAI and GE - you know, not recommending as it's a bigtime spec with mysteries afoot.
But I am holding my cards because I think The Bears Are A Bluff.
Sometimes patience can become stubbornness, right? We shall see.
909 Pals,
Joan |
