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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey L. Henken who wrote (1420)1/29/1999 3:29:00 PM
From: StocksMTTM  Respond to of 52051
 
Rumor is that ********OMKT******** is going to be bought out...Just picked up some at 14 9/16 best buy in the past 2 1/2 hours...Good time to get in..plus Goldman Sachs has price target of 90



To: Jeffrey L. Henken who wrote (1420)1/29/1999 3:37:00 PM
From: Stock Watcher  Respond to of 52051
 
Jeff; Ok; it's SATH day; they're losing money by the boatload, but, that doesn't seem to matter anymore (profit deceased 41% in last reporting period, they lost 238M).

Well, I'm not surprised the stock is up 5 points. VVTV is up too.
Maybe we'll all make more profits investing in stocks that are losing money (but, have a web-site).

RDIM is holding it's own; seems to be keeping shareholders up-to-date on web-site developments, and has a "buying club" which seems to be a popular idea these days. When we see some financials, we'll know what we're dealing with here....regards, sw