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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Terry Backlund who wrote (1225)2/28/1998 2:52:00 AM
From: Amigo Mike  Respond to of 29382
 
Terry,

The internet stocks look like runaway freight trains right now. The Amigos didn't buy mainly because of the secondary offering the other week. We felt there might be a pause in the action. However, the train keeps rollin'. I had SEEK at $9 not long ago ..... regretfully I sold around the offering time =(.

It is a tough call as to whether SEEK will come back. Like I said ... they will likely be the next XCIT-YHOO. I suggest entering a partial position. Is it goes ... you make money. If it rests or dips ..... scoop up the rest of the shares you want and hang on !!!

Amigo Mike