Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: Norm Demers who wrote (2860)	2/1/1999 6:21:00 PM
From: Dale Baker	Respond to of 118717

Not much bounce in HMK. I agree it was really taken out and shot. I will start watching it for signs of life. The selling looks way overdone. I should have waited one day for my Portfolio Update. After today's action the portfolio is up 15%. Here is the revised list: Performance by % gains: (LOR calls +150%) WCOM +51% FHT +40% RNWK +30% FNDTF +22% MFNX +19% CMGI +27% XYLN +14% PLCM +14% VRIO +18% VTSS +12% BRKB +12% SCGEX +4% BEARX -3% PROG -1% MXTR -7.5% CMIV -14% ERGO -15% FLYR -24% KCS -40% NRAG -62% Sold TNO this morning. May jump in and out again this week as the MMPT IPO gets closer. But daytrading NYSE stocks is hard without a Level 2 view of the situation. Also shorted RACE today. It has all the classic signs - almost no sales, press release hype, fanatical longs, a float over 10 million and - best of all - discount convertible financing. Initial target is 5 or lower. Level 2 picture shows lots of sellers stacked up into the low 8's.