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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: R L who wrote (28912)	4/6/2000 11:20:00 AM
From: stun	Read Replies (1) \| Respond to of 56535

Just read your post...qxl is not a household name here... though since I don't know what they do they may be well known in certain circles. I'll have a look in my UK reference areas and see if I can find anything...busy contemplating taking a bit out of the market a la max. Even got some green on BLDP from Tuesday! Get back later rgds stun

To: R L who wrote (28912)	4/6/2000 11:42:00 AM
From: LTK007	Respond to of 56535

todays action on QXLC sends a statement,and that is some analyst putting a 333 price target,doesn't wash anymore---gees this is now down huge after it's opening pop,and even Meekers calling YHOO the next MSFT,isn't going over that well,are investors waking up to fact that the street is a hype machine? ---MAX

To: R L who wrote (28912)	4/6/2000 6:07:00 PM
From: stun	Read Replies (1) \| Respond to of 56535

I checked out their site, and asked a couple of e-mates about QVX. They appear to be one of many, and currently lack advertising exposure in the UK. Most "auction" (ie cheap selloffs by manufacturers and retailers) sites advertise through billboards and our version of cable TV. We haven't noticed either of these. With regards to valuation, ADR's of European companies do not seem to reach NASDAQ style levels. The fuss made over here about "new tech" co's like freeserve and lastminute.com trading at non-old.ecomomy multiples makes you wonder if they ever will! Still a very young market for .com stocks here, though immediately accessible consumer goods are reasonably well served, and grocery superstores deliver from online orders! Hope this helps stun