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Technology Stocks : Hello Direct (HELO) - an overlooked internet beneficiary

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To: Mad Duck who wrote (138)3/17/1999 9:18:00 PM
From: Sid Turtlman  Read Replies (2) of 153
 
Mad Duck: CNBC attracts people with short attention spans. Somebody there recommends a stock Monday night; Tuesday they all want to own it; by Wednesday they get bored and want to put their money into whatever stock was touted Tuesday night; by Thursday they are bored of that, etc. It wouldn't shock me if the stock went right back into the 7 1/2 - 8 area where it spent a few weeks prior to this burst.

Unless you are a real short term trader, I think you have to look past that to the fundamentals, which appear very strong, and the valuation, which appears extremely reasonable, given its earnings growth rate.
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