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

To: Frederick Langford who wrote (15257)	9/8/1999 6:28:00 PM
From: gizmo&jack	Read Replies (3) \| Respond to of 108040

Congratulations Frederick. You are an experience trader and did well. And of course you responded to me. The people who lost 10 points on AGIL will not I am sure. Regarding corrections, LIOX went up 5.25 points yesterday for a gain of 31% and stayed the same today after actually going up further. No retrenchment there. Didn't see much in IIJI either over the last few days. And what about YHOO, AOL, AMZN, and all the other big names last fall. I can go on and on. There are minor retrenchments along the way, to be sure, and also fallbacks when Greenspan or emerging market woes hit, but you rarely see a stock lose almost its entire gains for the day like you saw with AGIL. It happens with stocks like BIDS or ONSL in the auction sector, which last November went from 15 to over 100 and is now back at 15. Or of SIEB or JBOH in the brokerage sector. Or many of the recent Pokeman stocks. When stocks go along for the ride that do not belong on the horse, they soon fall off. AGIL is okay, but it has a $1B+ market cap on $6MM 1Q revenues. Come on now. You know why IIJI didn't fall down? Because it had 1Q revenues of $45MM and had a market cap of approximately $1.7B when its rally began. LIOX: $38MM in revenues for 1998 and a market cap of only $322MM in one of the hottest growth sectors around. It still has alot of room to run. Just my opinions, of course, but I never get caught in a downslaught like AGIL had today. And I doubt AGIL will be much higher in price 6 months from now.