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Technology Stocks : Tut Systems, Inc. (TUTS)
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To: Wayners who wrote (75)2/2/1999 1:39:00 PM
From: Ben Wa  Read Replies (1) of 293
 
Low? As there are many fish in the sea, I prefer increasing the odds of a winning trade vs seeing one lose serious dough. The best analogy I can think of is the Road Runner / Wiley Coyote cartoons. The coyote runs off the cliff and keeps on running and doesn't fall until he looks down. Beneath many of these stocks, there is nuthin' but air. Especially since 95% of the trading is by people daytrading this stuff, which is not exactly strong support. Committment to a position? Don't think so...And, I think the game of underwriters initiating coverage is pretty much played out.
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