Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: dexx who wrote (42843)	6/2/1999 12:35:00 PM
From: Jenna	Read Replies (3) of 120523

ADRX +4 5/8, NAV + 2 3/4 might be a longer term hold. ADRX has been stalwart in all the down days. Amazed at looking through some threads at how many people called a 'bottom' on the internet sector 2 weeks ago just before this last big correction. Actually just that Saturday when I said I would not get into any more internet positions until mid-June for the July earnings reports. They never said 'maybe' just that it had bottomed. They were loading up on and adding to positions and I'm wondering how anyone can take a stance like that on having no precedent to base that assumption. We have never really see how low the nets can go. I think not a matter of how low they can go, but when the fed and all the tension about the rate hike dissipates. All that sets stage and add to it traders/investors a little disillusioned with overvaluations, unbelievable IPO debuts, and lack of earnings.. It could be a week or two yet before this actually bottoms and even then its hit 'n run.. in and out for the net sector.

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