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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: GT who wrote (9528)	11/9/1998 9:24:00 PM
From: DebtBomb	Read Replies (1) \| Respond to of 119973

Check this out, my buddy Andy sent me this: Wrong! The Net Fits the Bill Right Now By James J. Cramer Dell (DELL:Nasdaq) better go up for all the call-buying I saw this afternoon. Boy, this market continues to break all the rules. Usually when you see the amount of call-buying in Dell I saw today, you have to believe that it fades. Aggressive call-buying is rarely right. But in this bright-side-of-the-moon phase we find ourselves in, when you see big call-buying in something, you should join in the fray. From the moment I saw the call-buying in Dell, to the end of the day, the stock did nothing but go up. So much for being contrarian. How do you explain the relentless buying in the Net? The Net is developing into an all-purpose juggernaut. It is recession-proof, has high secular growth, no earnings to worry about and rewards you with good news everyday. Meanwhile, the shorts stay short it, digging in their heels, looking for new ways to defrock the valuations and make fools of those of us who are long it. To which I say, give me a break. If a mutual fund wants to buy growth, the Net fits the bill perfectly right now. I wish there were more to it, but would you rather worry about Pepsi's (PEP:NYSE) IRI data vs. Coke(KO:NYSE)? Gillette's (G:NYSE) share of batteries vs. Eveready's? Kellogg's(K:NYSE) share of a declining cereal market? Or a massive ramp in pageviews, subs and advertising? I'll take the latter. _____________________________________________________________________