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To: Due Diligence who wrote (1288)5/19/2000 7:40:00 PM
From: lakers17  Read Replies (1) | Respond to of 2080
 
We are in deep shit...

Simple enough. The average investor is scared and although the OTCBB isn't always tied in with the big boards this time it is. Unless NASDAQ comes back people will not bi-pass NASDAQ to invest in the OTCBB. Even great news is not holding or raising the OTCBB stocks. You might get a 20-30% pop(where Jan and Feb you'd get a 200-300% pop) and it's right back down.

I have no excess cash. My game plan is to sell some of my stocks that are even or if they hit even to average down on the ones I really like that have some real future and the wait. How long. Who knows? It's a crap shoot at best.

With the increase in interest rates someone could now get 6% or more daily on their money and play it safe with higher returns if you want to lock up some cash. NASDAQ has to rebound or we are sunk since we are in the riskiest markets.

Lakers



To: Due Diligence who wrote (1288)5/22/2000 5:15:00 PM
From: Jim Bishop  Read Replies (1) | Respond to of 2080
 
<Thoughts?> Lakers said it best, "we are in deep shit".

Think you were wise to go golfing today, NAZ came back a bunch, but BB's overall sucked bigtime again.