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To: DanZ who wrote (22790)3/30/2000 7:57:00 AM
From: Ron McKinnon  Read Replies (3) | Respond to of 53068
 
looking at the futures I may either lower my first buy prices or wait till the market/ticks/individual stocks turn

we may get some super entry prices if we wait a bit

Dan
I agre with you on GUMM and I bought a very small 1st position yesterday at 14.625
but, with all due respect, there are 100's of other super possible buys out there
not sure if GUMM is one to go big on until a trend change and/or new news
good luck



To: DanZ who wrote (22790)3/30/2000 8:51:00 AM
From: Larry S.  Read Replies (1) | Respond to of 53068
 
Dan, Ron, others: - Things have changed, imo. The valuation of the techs/nets/bios have been challenged and stocks that have been trading on a "wing and a prayer" will come back to earth in a vengeance. Stocks that have viable business models: YHOO, EBAY, CMGI, AOL etc will pull back but will be the huge winners of the futures. Stocks that have flown on future expectations: GUMM, ONT, are getting a reality check - the potential is there certainly, but this market wants reality, not promise. The big techs, INTC, IBM, CSCO, SUNW, MSFT etc will give some back, but are still the names everyone wants to own, albeit at lower prices.
Sectors to own (and trade): finance, insurance, retail, energy. all the boring sh*t thats gonna make money in the next few weeks. good luck to us all. Larry