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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (5866)	6/14/1999 6:14:00 PM
From: Math Junkie	Read Replies (1) \| Respond to of 15132

I noticed the same thing on a chart of an Internet index that one of the financial TV networks put up recently. Looks like the three stocks you charted are still up about 600% year-on-year.

To: Investor2 who wrote (5866)	6/14/1999 10:35:00 PM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 15132

I2: Re: "As you correctly pointed out, there was a big drop in internet stocks today. My urge to bottom fish started to kick in until I looked at this chart:" Yeah, I must admit to a daytrade today in ATHM where I made some chump change on the pop from $82 to $90. Brinker is right, these stocks are only good for trading at this point and you must be a button monkey to have any reasonable chance of success. A good bottom fisher knows that he can only fish the bottom if knows about where it is and I do not have a clue at this point and neither does anyone else. The charts are like cliff dives. If it is a "V" shaped bottom like before I will miss it most likely and that is okay by me. If there is true capitulation and a total hate for all things internet then there might be some possibilities. But these stocks must be flat lined before that happens and it may not happen at all given the history of sharp upturns in the sector. With that said, T at $52 and change is a reasonable buy IMO.