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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Crossy who wrote (3066)	4/14/1999 3:08:00 PM
From: Bosco	Read Replies (1) \| Respond to of 37387

Hi Crossy, thx for the find [and research.] 1st, my broker can't handle foreign stock, so I won't pursuit it. That said, I think it is important for the US based people [investors and traders alike] to consider several things. Netmania is largely a US market phenomenon. Even when one is playing foreign companies like Pacific Internet, it is still the liquidity driven event on NAZ. 2nd, as you may know, I ve a large position in NT [Nortel Networks.] It has only outperformed its peer in the past 4 months or so. While there are many reasons so, one of them is that it has been wrongly considered by some as a non US based company [Incidentally, I just moved my portfolio from Yahoo! to Quicken, and surprise, the latter classifies NT as an international stock [not the same as multinational!] My point is that while indeed maybe CFT [Swiss] is extremely undervalued, there is a danger of dealing with different market conditions here. best. Bosco