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


To: LTK007 who wrote (7122)7/23/1998 1:52:00 PM
From: Sandra  Respond to of 29382
 
Max,
That is a great post...
I still usually maintain
core and trading positions
in internet stocks.

Sandra



To: LTK007 who wrote (7122)7/23/1998 2:51:00 PM
From: Prof  Read Replies (3) | Respond to of 29382
 
Max and Sandra, PSIX seems to have had a floor support at 18 3/8 all day. I'm thinking of picking up some more shares at that level. With DELL, LU and others down, IMO folks who are looking to move some $ from those big guys are looking to the secondary internet sector.

Also, FYI, (and IMO :-) another good way to play the internets is by picking up some shares of CMGI (looking pretty good around 83 1/2 right now.) CMGI owns 37% of the upcoming GeoCities IPO (and a bunch of other internet stocks) which I predict will make as big a splash as BCST did.

Best,
Prof