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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Sili Investor who wrote (16763)4/6/1999 1:05:00 PM
From: keith  Read Replies (1) of 37507
 
Sili, I personally cannot agree with your statement that T/A's are not reliable in assessing the Internet companies. In the last 8 months I have relized gains of just over $250,000. Had I gone with all my reads with the T/A charts I would now be $1 million higher in net worth. T/a' are another tool. Certainly we can not use Finanacials to justify the lofty prices these companies are commanding, but we can think in terms of the busines model at hand. These Internet companies have set up a storefront that service an area globally; much differrent that the Corner Walmart that services the immediate and surromding communities where they are located. There will be many huge bumps along the way and the T/A's will help me in getting in and out.
We are in a period that does not come our way often and that is that the next 5 years, there will be many millionaires+ created. As you know, the train has left the station.
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