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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (17054)12/21/1999 12:37:00 PM
From: American Spirit  Read Replies (1) | Respond to of 57584
 
Bottom-feeding: E-COMMERCE, how low can it go? I wisely sold out of the sector two weeks ago but have been watching it tank. BNBN for example I sold at 20. Now it's at 16. That 20% fall might be the bottom. So I bought a little there. I will now be making low limit buys on such e-comm companies as COOL, LE, ETYS below their presently already-low prices. Post Xmas stories positive on net sales plus January effect should benefit these stocks.

PS - I remember when BNBN was being hyped as a 100 stock.
Of course it never made it there. Now a big bargain?