Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Sam Sara who wrote (86902)	12/9/1999 9:38:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

Cmrc chosen as stock for the next 6 mos by an analyst today in the WSJ, www2.techstocks.com

To: Sam Sara who wrote (86902)	12/9/1999 9:42:00 PM
From: Mark Fowler	Read Replies (2) \| Respond to of 164684

. My sense is that we are in the last throes of this rush upwards<< Don't count it David you start listen to them quacks on the Mda thread you going to miss the train.

To: Sam Sara who wrote (86902)	12/9/1999 10:50:00 PM
From: Mark Fowler	Respond to of 164684

It all depends on your investment style and time line. Were about 80 percent up on the first intermediate wave and 1/3 of the way through.

To: Sam Sara who wrote (86902)	12/10/1999 3:11:00 AM
From: dbblg	Respond to of 164684

>>... to think that this is destined to end in a rather massive correction, and that these valuations are insane. Persuasive arguments can be made for either viewpoint, Hi David, I'm not sure this is an either/or type situation. In tapes like this every stock in a hot sector gets priced like it will succeed. When fear takes over again, everything will get pounded. The real money gets made figuring out which stocks get up off the floor. For example, the correction in DCLK in 1998 (from the low 80s (presplit) to the low teens, if I recall correctly) was about as massive as they come. Ditto Broadvision in late 1996 and 1997. Obviously holding them turned out to be a good call (I thought of those two b/c I recently had lunch w/someone gutsy enough actually to do just that), but I'm sure there's a beleaguered CYCH or TGLO (the LNUX of its day!) holder out there who grimaces every time some pundit sneers, "Fundamentals don't matter as long as you're an internet company." While I've been enjoying watching my (paper) profits mount, I find it very hard to pick stocks for longer term holds in tapes like this. There's a line somewhere in Shakespeare to the effect that "all boats alike showed mastery in calm seas." (Sorry, I butchered that. Anyone have a URL for an online book of quotations?) Ganesh