To: robbie_nw who wrote (33 ) 1/7/1999 8:04:00 AM From: Mike McFarland Read Replies (2) | Respond to of 106
regarding YOU CAN GO INTO ANY COMPUSA, BESTBUY, ETC. AND SEE THEIR PRODUCTS A good sign for sure...although it does not always work. I found a handful of products stamped SoftQuad and Alpha Software at my CompUSA--several MS Flight Sim add-ons, a wysiwyg html editor, once the cutting edge in it's area, called HoTMetaL. They had the smattering of appovals and gold stars from nerd magazines etc. and the clincher for me was they were supposed to have an Elmo CDrom for the kids by Christmas. Software for making personal website for ecommerce cinched it for me...and I was hooked. Did I mention XML--they were supposed to have the experts on that. I was in at just over a buck, oh I was into it baby! And then as summer faded into fall, swebf faded...a buck...3/4ths...and then a half dollar. But wait, there is more. Now swebf stock has gone from 50 cents, where I sold a few months ago, to 80 cents--just in the last five days. What am I to think?--But I'm afriad of this one now. Once bitten, twice shy. I don't want to poo poo your idea, but be careful. I made SWEBF my big shot at an internet stock...bought something like 30000 shares at one point...and watched my money get halved on that pick...actually even a bit worse after commissions and stupid trades. I don't know anything about your pick, but make sure you don't fall in love with it. Seeing products in the store a la Peter Lynch is great first start, but only that...and they have a way of breaking your heart just when you thing the money is going to start pouring in. At some point you may have to take a loss, or maybe you get stopped out...very very tricky this little software companies. But then, I moved on to microcap biotech, a much safer area in which to invest. ha ha! So what do I know! --MM