SI
SI
discoversearch

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.
Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: stock bull who wrote (50526)3/17/1998 11:47:00 PM
From: Les White  Read Replies (1) | Respond to of 58324
 
>>maybe it's time to get out of the sector...banking is doing well<<

Look at Atlanta Internet Bank (NTBK). Nice banking and internet combo play. They are expected to go positive this Q. Went public Aug 97 @ $11. Up around $20 now. Still plenty of upside.

Les



To: stock bull who wrote (50526)3/18/1998 12:32:00 PM
From: Kevin Linder  Respond to of 58324
 
I have noticed that there is no relation anymore to a stock and the way the company performs. This started happening about a year or so back. The tech sector is going through a correction and the latest news from BAY, and Jabill confirm that. As far as the financial sector goes, I would be extremely careful there. If mortgages get down to 5.87% as FrankCcapiello suggested the other day then there may be long term problems for the financial sector. Also H.F. Ahmanson has stated part of the reason for there latest merger is because of the Year 2000 issue. Aetna has stated they are spending $148 million a year for the next two years to correct this problem.

This market reminds me a lot of the 70's. A good economic period (50-60s) before with clouds on the horizon.

Kevin