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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: TradeOfTheDay who wrote (8863)2/3/1999 11:39:00 PM
From: Kailash  Respond to of 122087
 
Small brokerage mania - what's people's take?

- Sieb has gone from 6 to 50 in a month and a half, a nice little firm with 25m revenues and no growth and a P/E of 300 they have said nothing to justify

- Mhmy loses lots of money in 98 and drops below 1 in the fall; hits 9 today on news it will open a web site in a year's time

- Jhob, ndb - cf. stocksite.com

This is tulip mania at its best - what we need to predict is not the value of the companies but the psychology of the traders. How long will the investernutz keep this sector in the stratosphere?

Kailash