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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: michael john stout who wrote (3601)7/15/2003 7:08:55 PM
From: Crossy  Respond to of 37387
 
Michael,
a rising tide lifts all the boats.

Didn'T follow EASY but the incubator model has merits iMHO. It's not a traditional business model with earnings etc. They have great cash generating potential from IPOs. If that gate is closed the stock is in for hibernation...

If you look in retrospect sham companies thrived during ALL bullish phases. To spin your argument further they thrived in healthy markets (1993-1999) and they thrived in tech heyday and overreaction (2000/03). If you stopped investing on this gut feeling in 1993 you would have entirely missed the biggest bullish phase in history..

So it appears to me you are biased to your results. As of course I'm biased to mine. All psychology. And I certainly won't fight the trend..

rgrds
cROSSY