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Technology Stocks : HOMS Homestore.com -- Ignore unavailable to you. Want to Upgrade?


To: Tradelite who wrote (285)6/12/2001 8:46:01 PM
From: TraderXx  Read Replies (2) | Respond to of 505
 
Tradelite....thats the biggest bunch of horsecrap coming from obviously an inexperienced investor like yourself(because you can't be a trader with advice like that). Leave the "real estate" advice for others because it has nothing to do with this company and how ridiculous its valuation has become. Bottom line is its going to $5 or lower if its lucky.

TraderXx



To: Tradelite who wrote (285)6/12/2001 10:03:41 PM
From: Craig Bartels  Respond to of 505
 
I agree 100%. Last August I took some of my stock winnings and sunk it into 6 different rentals for a total of 18 units. best thing I ever did, tax benefits are great, going up in value, positive cash flow.

My game plan in the future is to take my stock winnings and move them into real estate, that way I at least would have something left over if something really crazy happened in the market.

chbartel



To: Tradelite who wrote (285)6/13/2001 1:08:42 AM
From: XBrit  Read Replies (1) | Respond to of 505
 
Betting against Homestore is like betting against Mom, Apple Pie and America itself, right?

Geez. Actually, it's betting against a sham, a cynical pretense by the Realtors Association to take home selling onto the web.

The truth is, the realtor profession has nothing, ZERO, to gain from any movement of home sales to the net. Just like car dealers. Competition is bad for profits.

The real agenda is to block that from happening and to preserve a lucrative, closed, high-commission entrenched business. Homestore is intended to control and monopolize the chokepoint, and thereby prevent any real change.

So, since it's a sham, it's a pretty good bet that it won't exactly prove to be a dynamic growth business going forward.