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To: F. Evans who wrote (6944)1/21/1999 7:41:00 PM
From: LABMAN  Respond to of 37507
 
F.E

EXCELLENT POST

LM



To: F. Evans who wrote (6944)1/21/1999 7:43:00 PM
From: Curious Gamble  Respond to of 37507
 
Well Put

GJP



To: F. Evans who wrote (6944)1/21/1999 7:46:00 PM
From: Dave Cash  Read Replies (1) | Respond to of 37507
 
Well said Fred!



To: F. Evans who wrote (6944)1/21/1999 8:11:00 PM
From: Sili Investor  Read Replies (1) | Respond to of 37507
 
Mr. Evans, (if I may call you that):

Very well put. You get to the heart of investing (although a little long winded <gggg>)

In a nutshell, you must know your investment goals and STICK with them. If you made a bad decision, then you must be willing to admit it, correct what you can and move on. If you have the guts for going long on BII or any other Internet stock, good for you! If you daytrade, well....you're on your own.

I've said it before on this thread. For these type stocks, BII and the likes, you have to understand the risks involved - and we saw some of those risks appear today. Once you understand the risk, only you, yourself, can measure the risk/reward and make a sound decision on that.

You can rely on others for input, both the hypsters and the contrarians. But, please, for your own sake, don't rely on those that pretend to understand investing but can't even read a financial statement. I mean, please!

P.S. Dougie......I'M BAAAAAAAACK!!!



To: F. Evans who wrote (6944)1/21/1999 9:18:00 PM
From: Jerry B.  Respond to of 37507
 
thank you, thank you, thank you. that was the best post i've read on this board since i've been here. Is it really that simple???? My god a little common sence. I for one was in a panic today. Sold my position at cost. When i realized what a dope i was i got back in. A little too early and no where near as strong. i'm the first to admit im not a "doug" or pro (whatever) but i really think you hit the nail on the head. Again, thank you for a breath of fresh air.

J.



To: F. Evans who wrote (6944)1/21/1999 9:19:00 PM
From: ZEUS  Respond to of 37507
 
Kudos to you! You hit the nail on the head with your post!!! For those hitting the panic button and want to exit, you are all more than entitled to do so. I too am long on this play and see tremendous potential, especially once it receives U.S exposure with the Nasdaq listing. For those that are willing to sell, I'll be more than happy to buy!!!
People, do not lose your vision. It's quite interesting that all these so called experts and analysts have been predicting a massive correction for more than 4 month's. Compare the price today from 4 month's ago. Are we still not ahead? Is Amazon, Yahoo, At Home, Lycos, etc.., all not substantially higher still. I have been involved in Amazon for over 16 month's. Thank god I didn't listen to those so called experts last year. Just think of all that money I would have lost. No one can seriously predict the future of these stocks. They truly are a new phenomenon. We have and will continue to experience days like today. Buckle up and enjoy the ups and down of this sector because it is definitely not for the faint of heart!

Cheers,
ZEUS



To: F. Evans who wrote (6944)1/21/1999 9:23:00 PM
From: Cush  Read Replies (1) | Respond to of 37507
 
Good post Frank. Thanks.



To: F. Evans who wrote (6944)1/21/1999 9:40:00 PM
From: Cookie Monster  Respond to of 37507
 
Great Post Frank....

I would like to add that the number of trades and volume on BII today shows that there is serious buying still in the market for BII stock.

Anyone who does not believe that BII will soon be a NASDAQ company is not a realist. They have great market share, and rank only behind eBay, ONSL, and EGGS.

I hate to say this....but I will laugh at my fellow pessimistic Canadians who dumped this stock when they wake up one morning to find the words "halt" on their screen next to the BII symbol. That's how it will go down folks. Everyone who is long will have thier shares converted into beautiful free trading, USD priced, NASDAQ listed BII shares :)

Can't wait!



To: F. Evans who wrote (6944)1/21/1999 9:54:00 PM
From: Ruyi  Read Replies (1) | Respond to of 37507
 
Rodgers Losing Yahoo is what creamed this stock today,more bad news coming ?? BII dropped 3x worse than sector. Heavy burn rate on cash!!



To: F. Evans who wrote (6944)1/21/1999 10:25:00 PM
From: Henry  Read Replies (1) | Respond to of 37507
 
The action today gave away a lot. Firstly, there is a concerted effort to bring it down by certain networks which it seems Yorkton is a part of and thus they created panic today on an already weak internet market.

Secondly, this is just a game where the big boys are playing. Nobody gives a rats ass about fundamentals, right? Just a few months ago, everybody was whining about BII's burn rate, low share price etc etc..

A lot of jitney clearing today with THomson Kernaghan and First Boston as they never bought these many shares to begin with.

The opposing long forces stayed out of the market all day and let all those who wanted to panic sell out and short away. The shorts have a lower average now getting them in a very dangerous situation as when the BII shows no signs of letting up, it will be going to newer highs much faster and stronger. Just look at the YHOO, AMZN, EBAY charts..

They stepped in aggressively at around 3:30 PM EST. The little guy once again gets hurt and panics out.

The first time around was courtesy of Good ole Taurus analyst ADAMOU who was stupid enough to name himself as BII being overpriced at $3.00

what a rigged game the internet stocks are...



To: F. Evans who wrote (6944)1/21/1999 10:29:00 PM
From: Mr. Forthright  Read Replies (1) | Respond to of 37507
 
Thanks for your flaky post. Keep dreaming, denying and fighting the tape. Today's move has nothing to do with the company. It is merely the bubble releasing a little bit of gas.

NOW, look at that post: 6969. Yeah....