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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: alice simmons who wrote (76030)12/20/1999 1:20:00 PM
From: Robert Rose  Respond to of 120523
 
Alice, to be a bit more complete: it all depends on one's goals and objectives, of course. Given that this is a trading type thread, I must assume you are of that ilk. Given that, we can expect a significant correction in these b2b stocks in early 2000. But I don't expect it to be as severe as April-Aug '99. Because I don't expect fundamental factors (such as interest rates) to fuel such a severe correction. Nevertheless, a 30% pullback is probably in store for even a top-tier high-flier like icge. Whether you choose to weather that depends on your goals.
Personally, I will probably take some profits and hold on to the rest. My price target for icge 1/1/2001 is 450 split-unadjusted, easy. fwiw, Rob