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To: pbull who wrote (13135)6/19/2004 8:13:30 AM
From: Sig  Respond to of 13815
 
<<My guess (and it is only that) is we'll have a spec rally in the new, unknown, unproven issues, and then they'll all go into the tank.
Why?
Because that's the way it has always been.>>>

The brokers are making a fortune off volatility and trading. They will be working that gig as long as possible, and it is so easy to do while the public is properly skeptical of company reports and analysts opinions.
Cashing in on fears.
And most IPO's are junk. If a company is making money why would they let the public in on a good thing. ? Wait for the first dip to buy which is often a lulu. (g)

Sig



To: pbull who wrote (13135)6/19/2004 10:44:43 AM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
Very True. I have been saying for awhile now there is no fundamental reason for stocks to continue up, and I expect a severe whacking...spec stocks will get hit harder of course.

But, I do feel much better about CORV now, then a year ago..the are a vastly different company and I think they can survive a whacking if it happens and come out just as strong or stronger. Just look at CORV over the past year and see what they have done and what direction they are going.....I am not pumping CORV and will be first to say it is a crap shoot...but one I think will pay off for those that are patient.