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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (3135)2/9/1999 6:34:00 PM
From: Rande Is  Respond to of 57584
 
Correction: On list of 20 stocks substitute ONSL for one of the CPQs. . . and BYND for one of the BRCMs.

Sorry. . .

Rande Is



To: Rande Is who wrote (3135)2/9/1999 6:41:00 PM
From: Hyperpy  Respond to of 57584
 
Cool stuff man



To: Rande Is who wrote (3135)2/9/1999 7:51:00 PM
From: Bucky Katt  Read Replies (3) | Respond to of 57584
 
Whoa, Rande, a lot to talk and think about. But, it like it simple, so I just pick stocks, long, short, penny, big cap, whatever, and like I said, I jump on the ones I see going quick, build positions in the ones that I feel have a decent risk/reward over time.

So, on those 20, I have no prediction in 6-12 months, they just won't hold my attention that long. Now for daytrading them, that is different. Volatility is good for the way I trade. I was short AMZN today, as an example. Dangerous, but worthwhile to me. Only for the day.

All that said, my latest favorite, OBCI, borrowed $5 mil in local bonds, for that new Alabama plant, at get this, 5% interest. Like I said, management is pretty smart. And the ceo just bought 100,000 shares, well above todays price. And I put it here, and everybody ignores it. Like I said with BIGC yesterday, @ a buck, this is easy.

It all seems so obvious to me,,,I love it.



To: Rande Is who wrote (3135)2/9/1999 9:56:00 PM
From: Bill on the Hill  Respond to of 57584
 
I love it when you get wound up. Great stuff. There are brains all over this country, not just in NYC. We have to be quick, flexible and teflon coated.



To: Rande Is who wrote (3135)2/9/1999 11:14:00 PM
From: Susan G  Respond to of 57584
 
Great post Rande.



To: Rande Is who wrote (3135)2/9/1999 11:59:00 PM
From: Sandra  Respond to of 57584
 
Rande,
Excellent post!

Sandra



To: Rande Is who wrote (3135)2/10/1999 8:07:00 PM
From: Andrew G.  Read Replies (1) | Respond to of 57584
 
Rande:rf "How would you like it?" Would you compare this to All-Star balloting?

Fans can vote for their favorites, but everyone knows that those favorites are not necessarily the most worthy athletes to perform in the all-star game nor would they necessarily show the best performance.

Likewise, consumers vote with their dollars for brand-name products while many generic brands or lesser known brands would do just as well and sometimes better at a lower price.

Assigning human values to anything is necessarily a subjective process. Whether we pick stocks, all-stars, consumer brands, or beanie-baby collectibles.

This week a bagel company-come-internet (BIGC) was the flash in the pan for 2 days and a company (MTMC) that was recommended by a magazine (that was mistakenly identified as another better known magazine) had a major run and collapse. Today a stock doubled by repeating last weeks press release almost verbatim with no additional news (HSNS).

What is the 'true value' of any stock?

Might as well ask what's the latest fashion?

It's all arbitrary. Tomorrow the i-nets could come crashing down or they may rise to higher heights.

"The answer my friend, is blown' in the wind."