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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (6729)4/14/1999 12:49:00 PM
From: Don Earl  Read Replies (1) of 78659
 
Hi Paul,

Just took a quick look at ICO. Lately I've been almost finding myself getting mad when I look at those kind of numbers and see where some of these stocks are trading. Anything.com bleeding red ink goes through the roof while any company with a hint of value gets trashed. If this market ever corrects there's going to be a lot of folks who can't read a 10K jumping out of windows. I really do wonder what people are thinking when they call their brokers.

I added ICO to my wish list for the next time I'm ready to start raising cash. I usually like to see stock trade sideways for awhile before jumping in. This goofy market seems to sell into momentum without thinking just as fast as they buy.

Regards,

Don
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