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

To: Patrick Slevin who wrote (16033)12/30/1998 12:22:00 PM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 17305
 
At least SKYM, the internet stock I recommended thinking about shorting, is down 13 today. As for a stock I can see going bonkers at some point: Spiegel. They are a household name in catalogues and although the stock has done well recently it hasn't gone bonkers yet. I can still recall from my gameshow watching teen years the ads for Spiegel in "Chicago, Illinois 60609". But anyone playing any internet stock has to realize you throw fundamentals out the window and buy strictly on emotion.

- Jeff



To: Patrick Slevin who wrote (16033)12/30/1998 1:08:00 PM
From: Robert F. Newton  Read Replies (1) | Respond to of 17305
 
A lot of the Internet stocks also have their NASDAQ listing which makes it easy to play both sides of the fence. Most Y2K issues were BB where the average Joe couldn't take a short position.

Personally, I believe the internet stocks are much more volatile than the Y2K issues...........


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