Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Diagnocure CUR -- Ignore unavailable to you. Want to Upgrade?

To: Mr. L. Neufeldt who wrote (108)	12/10/2000 8:44:02 PM
From: Robert Dirks	Respond to of 132

You sound pretty bearish. The Nasd has already declined almost 50% from the March highs. More significantly though, numerous stocks have taken a much larger pounding down 95% or more. Many of these still have decent businesses and will be the big gainers when we exit this rut. You have to also consider that while the NASD was soaring, most traditional companies were flat to down. Now these are gaining with the NASD down. There are also many new factors in place now that complicate things. Number one is the internet. I beleive it introduces much more volatility, but it also put hundreds of thousands of traders online. I used to pay 200+ to trade $5000 of stock with my old broker, now its 27. We also have a number of factors thath put added pressure on the markets - gORE, Fed tightening, Tax loss selling. These will (hopefully) be out of the way shortly. Anyway for the brave, bottom fishing this year could yield a big catch for next year IMO. CUR could even bottom out around 1.40 - 1.50 (Tax loss selling). Actually CUR has held up better than most of my other holdings. Well we'll see what January brings...