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Technology Stocks : JW Genesis (JWG) - online trading in the future?

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To: megazoo who wrote (23)5/23/1999 3:40:00 PM
From: DavidCG   of 78
 
"i am almost sold on jwg, except for the fact that the
question remains: what is this company going to do with the internet. i know i know, right now everyone is joining the momo bandwagon,"

I think a lot of new people have this take:

"Why should I buy JWG before they announce any launch into internet trading?"

My point is that you don't have to buy this NOW if you don't want to.

If you want to just keep this stock on your radar screen until JWG posts something publicly, that's A-OK by me.

I am speculating, based on their past news releases of "updating technology", giving their current investors 'internet access to their accounts'...that they might be, could be, should be, moving in that direction.

I expect to hear full details in June about details of what they'll use their cash for after their completed sale on 5/31/99

But do you really want to battle a bunch of daytraders, buying this stock at a $10 premium when the news finally comes out?

I sure don't.

Good Trading!

-DavidCG
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