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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: CAPTAIN MORGAN who wrote (49883)	3/28/2001 12:10:18 PM
From: Kanetsu	Respond to of 57584

Careful when investing in new sector funds, more often than not they represent a near term top. Though in this energy environment, I wouldn't short 'em, already learned that lesson the hard way on FCEL. It's fun looking at the insider selling of some of these former high fliers like AETH, some of the insider's sell proceeds last year are worth more than the whole company is now. Many companies, with the help of investment bankers and on-line investors who were late to the party, have made more selling their paper than they will ever make selling their product. Other more established companies like Dell, 3 COM and others also made a killing selling shares of start ups they invested in. 3com made a nice profit on AETH, though aeth has never made a profit. Note to college graduates, if it's money you are interested in, get a job on Wall Street, it's the only place where larceny is legal.