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Microcap & Penny Stocks : MCNS -- Ignore unavailable to you. Want to Upgrade?


To: Peter Berkman who wrote (933)8/6/1999 3:40:00 PM
From: SwampDogg  Read Replies (2) | Respond to of 1116
 
I think that you should realize that we are in the middle of a paradigm shift as far as net stocks go. This is not the same as the other corrections in the internet stocks. There will be some great trading along the way but the trend is down from here and I do not think that many people realize how low these stocks may go. AOL, for example, has split so many times in the past few years that I could see it hitting the $30s at some point. If/when this happens...the smaller net stocks will do even worse. There may be one last 50% rally in stocks like MCNS and I would take the opportunity to get out. I am thankful that I sold at $14 and change on the last bounce.