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Strategies & Market Trends : e-Commerce the Next 100 Months...... -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (1264)7/7/1998 12:07:00 PM
From: TLindt  Read Replies (1) | Respond to of 2882
 
Well you know...IMSMO...the market is right, probably. There will be deals with large media companies and the portals. But not now, with their earnings and at these prices....

Sit in the corporate board room and put yourself in the execs position. We better get a chunk of these buggers at all time highs when the little guy is in there just pumping up the shares on a daily basis...lets pay their ransom and get it now. I may be really wrong here..but I doubt it. If I we're a media powerhouse I'd let them hold it...until fear set in...then when they chickened out...and the stock tumbled...I'd buy in on the cheap. And that might be the next fire which validates them once and for all...but I can't see it happening today.

If they do tumble...we can always buy more...but we will still have shares in the portfolio..win lose or draw. And most importantly all of our money back, plus some.