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Technology Stocks : Lycos -- Ignore unavailable to you. Want to Upgrade?


To: Dr. D who wrote (1222)11/26/1998 1:38:00 PM
From: TechTrader42  Read Replies (1) | Respond to of 2439
 
3d: I agree, and the fact that even the Internet-besotted Fools are selling off portions of AMZN and AOL indicates there could be a "correction" soon. The question is: Will there be a flight to quality, or will people just run for the exits, dragging the whole market down?

Brooke



To: Dr. D who wrote (1222)11/26/1998 3:25:00 PM
From: jbershad  Read Replies (1) | Respond to of 2439
 
To all.
I looked over your posts.

1. It is difficult and complicated for the Fed to
prohibit margin on internet stocks. Maybe individual
houses will do it. Very unlikely. Recall clamor over
buy and sell programs.

2. The internet represents the largest growth in our ecomony.
LCOS has 80% growth in sales. In 10 years maybe this growth
will decrease. Biotech still a crap shoot.

3. Yes, these not for the faint of heart. Monday LCOS can open
at $50.

Advice: Keep off margin. Hold for long term. If you like it and you
can stand it, sell a high premium put on a decline in the
stock.

Good luck to all.
Jerry