Sleeper sir,
no, do you have a link that will tell us about the future ? do you buy stocks on what they did yesterday or........ do you buy them on what they say they will do tommorow ? ever see a great stock tank well after releasing great numbers. aside from buy the rumor, sell the fact. there FORWARD LOOKING statements probably had a lot to do with it. so i would assume that most analysts and the street in general share the same opinion about the FUTURE that i do. unfortunately, analysts, institutions, etc.. are all consumed with what will happen next, not what just happened...
did you happen to listen to go2net's recent analyst meeting broadcast over the web ? did you here the part about russell saying that he cant expect these kind of growth returns in the future ? at that point, what validity does the fact that gnet outperformed most stocks have ? (egrp, dis, seek, doesn't matter what they did in the past.) gnet, doesn't matter either...
right now all of this makes no difference though. if go2net doesnt start moving up soon. like tommorow, none of these discussions even matter. because after 120, like many have said. it is a long way down. that is what i am concerned about. aol managed to hold its support at 116 level a short time ago. formed a nice double bottom (bounce). well, gnet is facing the same challenge on the street right now. what will happen to the price of this stock in the next week. thats on the top of my list of concerns right now. |