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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: AKAPAK who wrote (609)11/20/1998 4:07:00 PM
From: Wayne Rumball  Read Replies (1) | Respond to of 11130
 
Good news would be nice, salt it with yahoo, aol, etc and all the internet crazies will kick it to the moon. Did you see BEAR yesterday? What insanity.

Sad thing is that a lot of people are going to get burned big time on all of this internet frenzy. Reminds me a ticker popped up on my screen today....

There it is BEAS, around $13, down $13. Checked it out for a possible bounce. What a POS, book value around 0.77. Now, how is it people are investing $26 in something worth 0.77?