SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.47+0.6%Nov 28 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Carl R. who wrote (14270)5/18/1999 9:18:00 AM
From: donald sew  Read Replies (3) of 99985
 
Carl,

>>>>> . My grandfather bought stock in Sleeper Radio, but fortunately he also bought stock in RCA. I heard someone say that they expect that 80% of the current crop of internut stocks to be gone in 5 years, and that seems like a reasonable guess. <<<<<

Thats what I was saying. My understanding is also that RCA after hitting its peak during the mania, never got higher and sold off.
Correct me if Im wrong on that since dont have the charts on RCA.

Keep in mind that you also felt that 80% of the internets to be gone is reasonable - thats not a good percentage, in fact that is an
awful percentage. Thats actually is about the same probability
of gambling. If 80% of the internet stocks lose, that means many will
be losing alot of money.

Of course there is the BELLWEATHERs which have a better chance of
remaining, but there are only a few of them.

seeya
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News