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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Amelia Carhartt who wrote (24693)	6/24/1998 7:34:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

I guess you read the link on the 1929 euphoria that George Cole posted on the POG thread earlier...take a look at AMZN or YHOO!. AMZN splits then within 2 weeks is right back to $100/share where it was a month ago! I hold asl, a huge african gold co. that actually pays a dividend! Unheard of in these days. It is trading about 50 cents over book, not counting the 100s of millions of gold they own in the ground.... Call me stupid but I still like gold and oil. great link on the POG thread on the Euro....look out $..here comes the euro. That will cause the price of crude in $ terms to skyrocket.

To: Amelia Carhartt who wrote (24693)	6/24/1998 7:36:00 PM
From: SJS	Read Replies (2) \| Respond to of 95453

Commodities are OUT, DATA, and ways to move it, are in... People are paying these HUGE stock mutiples because very soon, 50 million eyes a month will touch YHOO, or AOL, or whatever portal is hot. That's alot of potential sales $$$. Big fat pipes are required. Not for oil, for data.

To: Amelia Carhartt who wrote (24693)	6/24/1998 10:54:00 PM
From: Dwight E. Karlsen	Respond to of 95453

I agree. Dollar at a high again to the yen, which last week sent US markets reeling. But this week, there's less than zero effect. The entire US stock market is now simply a big momentum play. zoom up, damn the bad news (Japan recession, dollar at all time high, earnings warnings). in the oil patch, we damn the good news (1.4 mill bpd opec cuts). nothing seems to matter except which way the momentum is going. all I know is that AMZN can't go up 7-10 points per day forever. sooner or later there will be more sellers than buyers.