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To: Vendit™ who wrote (40)	6/21/2000 7:41:00 PM
From: Carolyn	Respond to of 294

Yes, it is. But what about our price criteria? Actually, it shouldn't make any difference.

To: Vendit™ who wrote (40)	6/21/2000 8:01:00 PM
From: Vendit™	Read Replies (1) \| Respond to of 294

Well as far as price criteria it really shouldnt enter your thinking process ever with the exception of commission consideration. Here is why; Trader Joe has $1000 to invest. He buys a stock which is currently selling for $10 a share. He can afford 100 shares plus his commission (say $20). Trader Jane has the same $1000 to invest. She buys a stock which is currently selling for $50 a share. She can afford 20 shares plus her $20 commission. Let us assume the (15%)math above holds true for both investments. Each stock appreciates by 15% within a week. Joe 100 shrs at $10 plus commission=s $1000 x15%= ____ $1115 less comission =s $1095 or a gross profit of $115 Now Janes investment; Jane 20 shrs at $50 plus commission=s $1000 x15%= ____ $1115 less comission =s $1095 or a gross profit of $115 And on.........so what you want to focus on is volatility as well as a reliable indicator history when choosing a few stocks. Both traders made the same dollar amount in the above example and you will find that larger cap .com and related stocks are more volalile in many cases. Technical repeation as well as technical reliability is key.