Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: clutterer who wrote (17948)	11/28/1998 7:14:00 AM
From: Captain Ed	Respond to of 119973

Don't forget, as NM rises, so will CD... Since, when people go to the NM site, they will be taken to the Netmarket site, which is owned and operated by CD (it says so at the site), so many people, who may not be aware that NM even exists, will go and want to buy CD stock (which has been rising steadily recently). So, you sort of get 2 movers for the price of 1. Also, Cendant has a site, which looks pretty nice, called books.com Seems like a logical place to go when you want to buy books.

To: clutterer who wrote (17948)	11/28/1998 7:32:00 AM
From: Rande Is	Read Replies (5) \| Respond to of 119973

NM might be an OK stock, if it did NOT have so many newsletters touting it. Newsletters charge fees to promote stocks. So this smacks of corporate sponsored hype, which often ends in disappointment. Joe Copia once said that when he starts getting lots of newsletters touting a stock, he shorts it and is correct 85 percent of the time. That says a lot. Website looks capable, but shows little that will capture the nanosecond of attention surfers will give it. Needs lots more stuff. The fact that NM is on NYSE, makes it a harder play for ridiculous gains, as we have seen in other internet stocks recently, in my opinion. This is due to the fact that for each share bought, one must be sold. NASD MMs play a key role as a sort of buffer for trades. With the internets, they eventually side with the stock, which "allows it to run." Whereby NYSE stocks move differently. I hope that NM becomes the next AMZN, and that all here make huge profits from their venture. But stay realistic in your predictions and targets. And above all: Watch that you don't start to believe your own hype. In other words, stay objective. Best wishes. Rande Is