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Technology Stocks : MFMI and ADVC -- Ignore unavailable to you. Want to Upgrade?


To: Jason Webster who wrote (344)7/21/1999 9:38:00 PM
From: MakeMoney  Read Replies (1) | Respond to of 388
 
To "Jason Webster". This is going to sound like a really "smart-ass" answer to your question - and i really do NOT mean for it to be - but i already answered this question in my prior post # 341. i know that i wrote that post in kind of a facetious (sarcastic) way but the "crux" (message) of the post was completely serious. take care.



To: Jason Webster who wrote (344)7/21/1999 11:22:00 PM
From: bob  Read Replies (1) | Respond to of 388
 
My take is most traders buy on rumor and sell on news. That is
precisely what happened today. In BB stocks you always get day
traders heavily involved. This situation won't change until we
get to NASDAQ, and even then the problem persists but not to the
extent it does on the BB. Aside from traders you have investors
who tend to hold on to their stock until they feel it has
appreciated to a fair market value whatever that may be, then they
too sell. Traders are very happy when they make 20% on their
money. I don't buy stocks for 20%, I'm looking for 200 - 2000%
returns. This company has the technology to do it IMO. We will
have to be patient. The overall trend is UP, and that's what
counts.

Cheers.

Bob