MSPG,INKT,GNET,CMGI,SWS,DCLK,EGRP,VERT,VRSN,RNWK,NTBK,NITE,VRIO,SFE, AMZN,AOL. If you will compare yesterday's closing prices with the one year HIGH for these stocks,you will notice that most have been cut in half from their high. If you believe that at any time the Market prices stocks efficiently,the following stocks are above the 50% decline from their highs. Stock /6/3 close /52 week high VRIO 55 -78 NITE 50 5/8 -81 5/8 CMGI 89 1/8 -165 INKT 87 1/16 -159 1/8 VRSN 57 -94 1/8 YHOO 135 3/8 -244 AOL 105 3/4 -175 1/2 SWS 54 13/16 -95 3/4
All the other stocks are at or below 50% of their HIGHs. If you believe that the reason the stocks above are above 50% of their HIGH's is because there is greater demand for them,these should be the stocks to own when the INTERNETS recover.
If anyone has stocks they follow that were not described above,please add. IMHO, Manny T. |