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Technology Stocks : VerticalNet, Inc. [VERT] -- Ignore unavailable to you. Want to Upgrade?


To: Ben Wa who wrote (107)2/18/1999 10:17:00 AM
From: Apache Indian  Read Replies (1) | Respond to of 1094
 
I dont know about the very short term, or the very long term, BUT I do know that if you buy it in the 30s and forget about it for some time (a couple of months), you'll get some pleasant surprise.

I bought a token position at 39 on the day of the IPO, and plan to buy more as it slips further. Once the market is out of the correction mode, and euphoria strikes again, which I'm sure it will before the Y2K doom by the end of this year, and the company gets the coverage and attention, look out, VERT could become really hot.

I'm watching patiently, and dont want to time this one, its a winner.
For the really long term it all depends on how successful the company is in executing its plan and how its accepted in the real world. Its a lot tougher than person-person auctions and beanie babies but the rewards are a lot lot more too.