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.

Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Podsiadlik who wrote (6360)	1/26/2000 8:26:00 PM
From: Bill Wexler	Read Replies (4) \| Respond to of 10293

The rise of the scam stocks. I think that a lot of money is flowing into funds that invest in micro-caps, aggressive growth, Russell 2000, etc. etc. I can't attribute the rise in junk like GUMM and REFR to factors like short-covering (the short interest really hasn't been all that high), and the volume is much higher than the usual gaggle of punters could generate. What is really astonishing however, is that - just like mid and large caps - investors are completely neglecting micro-cap value stocks. Here's an interesting example - compare the income statements and market cap of a company like MOCO to the income statements and market cap of a company like REFR.