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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Tom Allinder who wrote (42960)	4/13/2000 6:38:00 AM
From: Vision21	Respond to of 150070

Good morning Tom... Do you have a hangover this morning? LOL Hoping that the bleeding slows down today. :) David

To: Tom Allinder who wrote (42960)	4/13/2000 8:20:00 AM
From: ChrisJP	Respond to of 150070

Hi Tom, You are correct. I keep forgetting how many people were not around here doing this back in the summer of '98. Just as it's hard to believe how much people were paying for some of these stocks (both NAZ & OTCBB) in January, it will be equally hard to believe how low they will go when people are forced to sell or simply decide they've had enough. Back in '98 I was long on a stock called MTON. It had (and still has) great fundamentals. Based on fundamentals, it's a $12 - $18 stock. But in August '98 when small caps got wiped out, it traded as low $5 !! (at which point, insiders started buying) quote.yahoo.com Also notice that it took 2 months, but it did rebound back to $10 and higher. A nice double if you bought at the low. IMHO, we won't see bottom until "they" get the NASDAQ down to 3200 - 3400. Just a hunch. Regards, Chris