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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Glenn who wrote (4366)	12/31/1998 12:49:00 AM
From: Bogeey	Read Replies (2) \| Respond to of 90042

Very true...Look at the charts of twenty or so internet stocks. You will see a few that never spiked to a double in a day or even a week but rose steadily over that last quarter. The rest will all show a huge spike on two or three occassions. The bottom line is that this market is made by people who are in the business of making money over the long term. They WILL NOT invest in companies for short term speculation, but will continue to buy quality companies, with quality management, and good prospects going forward. Having said that, the company (Oppenheimer I believe) that said that Amazon was worth $400.00 a share is responsible for this latest internet craze. If you really believe that Amazon is worth that much, more than any other retailer other than WalMart or Dayton Hudson, then any company on the internet that sells anything at all is worth at least a few bucks!