To: swisstrader who wrote (61600 ) 1/12/2000 5:58:00 PM From: gizmo&jack Read Replies (1) | Respond to
Have been so busy lately. Haven't posted in a dog's age. Haven't done much trading either. Holding large positions in 2 stocks, CLIC and IMAN. Averaged down on CLIC several times. Just has too much going for it. Dell, Mayfield, Kleiner Perkins, Goldman are behind it. It is trading at only 50X projected revs while other b2bs are at several hundred times. It is difficult to stomach sometimes, but most great returns come when you have the guts to buy something when no one else wants it and then hold. Just remain logical on valuation. This stock reminds me of VITR and CMRC. God, I wish I had held VITR longer. I pounded the table on it for weeks. This year, I am taking a longer term view on quality stocks. Because when they go, they don't stop. Which is why I think CLIC hits $200 easy. Tomorrow, I think it will run a bit before the earnings conf call. (1) Look at the names behind it that I mentioned. Cream of the crop. (2) Look at its client list. Superb. (3) Interesting that it was moved up a week, with no preannouncement, and will be broadcast over the internet. (4) With the stock right around its low, upside huge and downside limited. Remember its multiple relative to its peers. With decent sequential growth, it should fly. That is all that held this stock back last time around. (5) CNKT purchase will be highlighted as a major competitor of WEBM which will be a hot Morgan Stanley IPO in the first week in February. (6) There is a huge short interest in the stock of late. (7) Market in general poised for a turnaround. IMAN is hilariously cheap also by the way, but I will get to that another time. Gotta run. G&J
