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To: Radim Parchansky who wrote (62047)6/11/1999 9:20:00 PM
From: Y2k_fan  Read Replies (1) | Respond to of 164684
 
"Buying more shares on dips."

Hardly a good investing habit, buy the same amount of shares at most.
Ever seen falling knives?



To: Radim Parchansky who wrote (62047)6/11/1999 9:22:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
>If e-commerce grows exponentially for the next several years why would all
>i-nets go down 90%?

One word. Competition.

If no other internet e-commerce companies ever existed from this day forward, then I would certainly agree that existing companies will make out like bandits.

But of course, new companies are entering every day, and margins are getting smaller and smaller. Hell, even with the relatively small number of ecommerce companies in existence today, almost none of them can figure out how to make a profit. (excluding porn, which accounts for 68-69% of total ecommerce revenue, according to the wall street journal)



To: Radim Parchansky who wrote (62047)6/11/1999 10:35:00 PM
From: GST  Respond to of 164684
 
Radim -- actually, bio-tech has an awesome future. To say that the net is different because the net is a big deal and bio-tech is not does not make sense to me. The net and bio-tech are transforming the world. Stock picking still requires skill and good timing. This is bad timing and the nets are lousy picks.