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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (71332)	11/14/1999 5:36:00 AM
From: lee kramer	Read Replies (1) \| Respond to of 120523

Stephen: BGST, one possibility; "If you build a better mousetrap, the world will beat a path to your door." But, the world's gotta KNOW that you've built a better mousetrap. Example: There was a time, many moons ago, when technical analysis was an extraordinary tool, but very few knew about it. Over time, more and more investors, funds, major wire-houses KNEW about T/A, and it "took off". Example: The first internet plays, AOL, AMZN, YHOO languished until more and more investors came to KNOW that it was a better mousetrap. Example: Last year NITE and several on-line brokers were better mousetraps. But until enough investors caught on, the stocks did little. Conclusion: Those who first identify something extraordinary, those who are "early" gotta be patient...until the investing world catches up. I recall last year building a position in NITE. I understood and believed strongly in the story; felt that NITE was on the edge of an earnings explosion. But the stock languished. When, finally, the story "took" and CEO Pasternak was interviewed on CNBC and one outfit after another began to cover and recommend NITE, the stock took off. But the story they spouted at 60, 80, 100 (pre-split) was the same story the "early-ons" knew when the stock was 20-30. If you feel strongly about BGST hang in boobeleh, hang in. (Lee)

To: puborectalis who wrote (71332)	11/14/1999 5:50:00 AM
From: lee kramer	Read Replies (1) \| Respond to of 120523

Stephen: Just took a look at the BGST chart. The 2 1/2 month downtrend was broken this week. The Friday pullback to the breakout is normal, especially with a stock that's been in a pronounced downtrend. The final decline from 5 down to 4 looks like a bear-trap. There's no way to tell how soon or how far the stock will move. But you can make a strong case that 4-4 1/2 is a temporary, hopefully final bottom. You may be pleasantly surprised. (Lee)