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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: KipferlMeister who wrote (3936)12/28/1998 5:16:00 PM
From: Cush  Read Replies (1) | Respond to of 37507
 
Would whoever gave Kris & Doug all that chocolate for Christmas please not do that next year.

Michael; thanks for that possible explanation about BDCMF.
Sounds reasonable.
Helps control these soaring expectations. A little.



To: KipferlMeister who wrote (3936)12/28/1998 5:16:00 PM
From: waldo  Respond to of 37507
 
>>Helping to fuel the Internet rally were day traders and investors covering short positions, said Peter Green, technical strategist at Gruntal & Co. Green said many buyers weren't in for the long haul. "[The Internet sector] is not trading on reality," he said.

Volume in U.S. composite trading was relatively thin.

"The guy on the street is feeding the [Internet] frenzy, not the institutions," said John Waterman, managing director at Rittenhouse Financial Services. Come January, when institutions re-enter the market following a holiday lull, the the focus will return to fundamentals, he also said. Many Internet companies have yet to turn a profit.<<

cbs.marketwatch.com

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