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 : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: limtex who wrote (11826)	2/13/2000 9:13:00 PM
From: Alejandro	Read Replies (1) \| Respond to of 12468

Tell you what L. I don't think chart readers can read the charts and project long term . Short term, they come up with the head and shoulders and some other things they track. However, long term is a different matter. It is very easy to prove it. Take the chart from any company you want for the last 12 months. Cut it in half and give the first half to a chart reader and ask what will this stock do ? As far as WCII ? It, and other new companies don't fit any pattern to use as a benchmark. There is no way to gauge concept stocks. WCII is leaving, or has left, the concept stock area. The whole telecom and internet investing is totally new. Old and proven investing techniques don't work. Look at Amazon. Losing money bigtime. Yet the stock soared. Somewhere, in this new tech world there are a couple tulip catastrophes coming. Therefore, I don't believe in charts for these new fangled companies at all. Ali