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Microcap & Penny Stocks : WCTI (Wordcruncher Internet) Search Engine of the future. -- Ignore unavailable to you. Want to Upgrade?


To: De Peepster who wrote (3315)2/18/1999 11:18:00 AM
From: Mark S.  Read Replies (1) | Respond to of 5300
 
Barbara, Im with you on your thinking. If you liked the deal a week ago what would change your mind today. None the less, day trading is speculative anyway. Anyone who tries to put a value on WCTI will probably have great troubles coming up with acceptable multiples. Now look at what happened to DELL yesterday. Earnings reports were not favorable and the stock fell. The efficient market theory assumes current stock price is reflecting the future earning projections. Tech is a new world for Wall Street analyst. Its truly hard to ignore the tech sector as there is and has been money to be made. I for one have taken positions back to the boring ASSET Allocation theory. I will say again, tech positions are speculative. If you like the stock, when it falls, you may want to reduce your average. I would suggest that this board doesn't control enough of anything to warrant accusations of manipulations. I for one come here to share information (or gather information in this case).