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Technology Stocks : The Roaring Twenty 1998 -- Ignore unavailable to you. Want to Upgrade?


To: Scott Moody who wrote (182)10/9/1998 2:34:00 AM
From: White Shoes  Read Replies (1) | Respond to of 338
 
There must be 1,000 buys out there as many good and bad companies are well on their way to being penny stocks. Greenspan sees this liquidity crisis, evidently, and will lower rates, but I am sceptical as to whether this will have any effect on the many broken stocks which will get hammered down to basically nothing, and which may never come back. That's what happens when there's too many public companies selling too much stock...

Yes I like IOM very much at this level.

The mock portfolio after today's close is still (believe it or not) in the black, at about $50,100 compared to the starting point of $50,000.

I just noticed that XMIT (formerly SCTR) just crashed today. We said it would.