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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: Premier who wrote (1347)8/23/2000 9:15:32 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 100058
 
Premier - CMGI remains on my radar list.
I just can't trust the break of a resistance on such news.

And I agree with you for SEBL and YHOO, their ratios are off limits for my health.

My speculative plays have a P/S ratio of some 15 or P/E R up to 50. Many companies make profit and still are affordable. Many of them have nice uptrend channels.
Paying back some of the losses I made holding CMGI and family too long (paper losses, but losses in any way you look at it). I will not roll any one of them into CMGI for which I have to pay 18 times sales.

$163 or $44, neither are errors: 2 parties agree on a trade, both considering that they have made a good deal, supply and demand. And demand was heavy today: short covering?

Anway, glad to read that you restructure your port.

lvlamb