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.

Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (11607)	12/15/1997 4:26:00 PM
From: D & G	Respond to of 18056

I watched the SOXLL's this morning and began to lick my chops when the ask got down to 1 3/16. I was placing an order to buy 10 at that price when out of the corner on my eye I seen this light coming from around the corner. OH NO !!! There it was, the brightest headlights I have ever seen causing instant paralysis. I tried to press the send button to place my order but I couldn't move......When the light finally passed the LL's were trading at 3 1/2 and I was left with the sick feeling of another lost opportunity. DJF

To: Cynic 2005 who wrote (11607)	12/15/1997 4:42:00 PM
From: Joan Osland Graffius	Respond to of 18056

Hi Mohan, >>Today's strength appears to be one heck of a short-covering. Why do you think this was short covering? Some interesting observations I made today was the papers and aluminum stocks were up. These have been in a bear market for a while. Utilities, Autos, and Banks were up. I can not believe these autos, maybe this is the begining of an economic cycle.<ggg> MU was interesting, a small rally during the day and then back down again. MOT, TXN, and some friends rallied today. Time will tell us if all this was a rally in a bear market. Joan

To: Cynic 2005 who wrote (11607)	12/15/1997 4:56:00 PM
From: Cynic 2005	Read Replies (2) \| Respond to of 18056

Who likes the speculative junk stocks? See some faces of the money managers who do: pathfinder.com <<Meeker: E*Trade has $8 billion in customer assets. Amazon has more than a million customers; they basically had zero customers two years ago. We haven't seen that kind of growth for any business that I can remember. Look at Amazon. The market for books is $85 billion a year. Less than 1% of it is online. If 10% of the book market goes online, the leader could easily have a 30% to 70% share of that business. Now look at search engines. It's a battle between Yahoo, Microsoft, AOL, and Excite. That's a real business. How can you replicate a Yahoo? It would cost at least a billion dollars to replicate this company. They still have a 40% share of Web usage--and Web usage has grown dramatically. Doerr: I happen to think that Excite is really undervalued relative to Yahoo. It's got about one-sixth the value, and I think it's only a couple of quarters away from profitability. There's not going to be just one dashboard on the Internet. >> Their logic is not much different from the novice investors/traders we see on SI. -Mohan