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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Andrew G. who wrote (13545)8/6/1999 12:16:00 PM
From: Kimberly Lee  Read Replies (2) | Respond to of 108040
 
Andrew, in this market, I would just grab my money and run. ICGE gets attention because it's still an IPO, and the fact that most IPOs today have been postponed. Traders have very short period of loyalty nowadays for net stocks because there are so many of these dot.com deals around, with supply far outpacing demands.



To: Andrew G. who wrote (13545)8/6/1999 12:22:00 PM
From: Kimberly Lee  Read Replies (1) | Respond to of 108040
 
As well, the Atlanta mass murder has created a devastating impact on Joe and Jane sixpacks' perceptions of internet stocks. All of a sudden, many of them start lumping internet stocks, daytrading, online trading together with grave financial losses and mass murders. Ostensibly it's only one single tragic event, but it is the culmination and inevitable conclusion of 24 months of excessive greed and mindless speculation that swept our nation. We mustn't underestimate the symbolic importance of such event.