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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: uclatrader who wrote (23703)	2/21/1999 5:01:00 PM
From: Judy	Read Replies (2) \| Respond to of 50167

Thanks, shuo .. when did this newsletter come out? Actually the same type of thing happened when I first went long cmgi last year ... some newsletter recommended subscribers to short it. The stock tanked 15-20 points in short-order, milled around and the mo-mo fled. Stock consolidated and has almost quadrupled since then.

To: uclatrader who wrote (23703)	2/21/1999 5:07:00 PM
From: AlienTech	Read Replies (1) \| Respond to of 50167

>>be careful with ebay which just appears to be one of the put plays by a newsletter i subscribed i still doubt we will see a rally to a new high soon currently i m long aol and short bcst here is the comment from them<< I have this problem, Every time I get personally involved in a stock I loose my objectivity completely. But if I dont have any money to loose or gain I can be very good at picking them, I was very bullish on EBAY before they went IPO, I was telling everyone to buy, The same with a few other stocks. At this point I think EBAy can easily exceed their old highs before making another bottom. But I think AMZN has more upside potential on a percentage basis. Internet stocks are overvalued on a tradational basis, But the people buying them are not traditional. The run in the internet sector has not really started and no matter what barns and nobles or wallmart does, They will not catch up to the leaders. For that you need to look at the history of the online business, AOL was a crummy joint 10 years ago, With prodigy and compuserve and delphi having the backing of the traditional companies with huge backing. But all the others are now no where to be seen and AOL is up on top. You really think that if traditional american companies had a clue they would actually let all these little piddly inty companies rise in the first place? Or that they will ever let the new generation gain control of running their own inty business's? And that will be why this run has barely started. I know how hard it is, 5 years ago I was trying to get backing to do some of these things. I even put what ever I had into getting into things but obviously a little piddly programmers cant even begin to make a dent in things without some one's deep pockets. So I lost, but guess what, These so called visionaries lost as well, they belive in the clost syndrome, our white picket fenced community, where it is safe and it is home. But to really understand things you need to go much farther back into ham radios and what a black box is and how it is used and why.