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Technology Stocks : SkyMall (SKYM) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (595)12/29/1998 12:22:00 PM
From: Stam  Read Replies (1) | Respond to of 987
 
Here the next big trade, Buy BKST now
I bought it at 17 3/16 this morning and this stock is moving,
people are catching on to the fact that the SKYM play is over
and BKST is untapped. I can see the stock moving to 30 in a few days.



To: Tom Hua who wrote (595)12/29/1998 12:39:00 PM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 987
 
Valuevision: Internet Mention Seen Boosting Stock
12/29/98 12:19

In part, the stock's upward momentum is being amplified by
the company's mention of e-commerce, analysts said. In the current
milieu, where investors frantically bid up the stocks of companies
whose businesses are even marginally related to the Internet,
Valuevision is being perceived as an Internet company and getting
the associated high-flying valuation.
Invoking the patterns of behavior detailed in Charles Mackay's
1840s landmark study of crowd psychology "Extraordinary Popular
Delusions and the Madness of Crowds," Security Capital Trading
analyst Stevens Monte characterized the rush to buy Valuevision
shares as analogous to tulip mania in Holland and speculative
land booms in Florida. "Periodically, we go through these periods
when buyers' demand for whatever product or service gets way out
of proportion to its actual value," Monte said.
To put into perspective Valuevision's actual value, one need
only note that the company has yet to earn any money from its
core home-shopping business and e-commerce is a negligible component
of its total sales.