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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (33668)	11/14/1998 4:04:00 PM
From: HairBall	Respond to of 94695

Investor 2: What's a "junk stock?" Any stock I loose money on...<g> Regards, LG

To: Investor2 who wrote (33668)	11/14/1998 7:03:00 PM
From: bearshark	Read Replies (1) \| Respond to of 94695

Hi I2: Although it is unfair to the company, I would put in my category of "junk stock" a company that has been beaten down and has poor earnings prospects in the next several quarters. However, the company may actually be a fine company. As the past month has shown, these stocks can double quickly. In other cases, stocks that the market likes but have no earnings I would also include as junk. Junk has to have a story so that it will respond to the market.