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Technology Stocks : NTOY - over 100 Billion Dollor industry -- Ignore unavailable to you. Want to Upgrade?


To: Pat Maguire who wrote (99)4/8/1999 11:21:00 AM
From: David in Ontario  Respond to of 113
 
Hi Pat...I think that ALFN's potential is very good. I took a nice profit first time around and the momentum has gone from the stock for now. IMO the stock price will continue to slowly erode, and who knows where it will find a bottom. I intend to load up again once it settles - the lower the better :))

Porter is very well experienced, has a history of success and is establishing a strong "been there done that" team around him. He has also linked with some very good partners in the Alottatoy's partnership. Furthermore, they may well be reporting before their e-commerce site is up and running - which would be a huge plus.

I am pleased that he is not rushing into bringing their e-commerce site to the market. NTOY did that and look what happened. I'm still annoyed with NTOY - not only with the Samblis debacle, but that they included brand names in their public beta web site that are no longer there, e.g., Lego. This was either an oversight or blatant misrepresentation.

I have every confidence in Porter and ALFN is a stock that I do not have to worry about holding - unlike NTOY which I am now out of - and maybe out of forever.

I suspect that the Alottatoy's e-commerce site will be up and running by the end of the summer. Porter has identified the niche market that he is targeting and this was outlined in the Forbes article.

At present I hold no ALFN - and the more it drops inbetween the momentum cycles the better - means I can grab more when I load up again for the next momentum surge.

David :)