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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: Educator who wrote (8054)4/15/1999 7:26:00 PM
From: Bretsky  Read Replies (2) | Respond to of 29970
 
DITTO MY THOUGHT EXACTLY EDUCATOR; BOY did I want to be a buyer of CMGI at 230 today, BUT I HAD NO $$$$$ Congrads to those who did.

Right when I get $$ into my account, my patience for waiting for days like today is almost NIL. Seems like while I'm waiting things keep going up and when I try a speculative play and give in (MSGI), then things crash.

Anyways, I sent $$ to my online broker, so hopefully that will propel the market up again and we'll all be happy.




To: Educator who wrote (8054)4/15/1999 7:36:00 PM
From: wogger  Read Replies (4) | Respond to of 29970
 
Good article in SmartMoney.com about @Home:

smartmoney.com



To: Educator who wrote (8054)4/15/1999 9:02:00 PM
From: Cleo  Read Replies (1) | Respond to of 29970
 
Me too ... wished my pockets weren't empty today

The buying opportunities abounded!

ATHM should do well again soon ... especially for people who got in today at bargain prices.

Did I learn this lesson this time? Did I?

arghhh!



To: Educator who wrote (8054)4/15/1999 11:52:00 PM
From: Ron Dior  Read Replies (1) | Respond to of 29970
 
<<I am glad so many of you added during this GREAT buying opportunity. Glad to have you back in, Ron!>>

You are right Ed this was a great buying opportunity. The thing with this stock is that you do not have to own many shares to become wealthy. At one point today a small position of 500 shares would of cost you only about 36,000.00 in a margin account. Not a big investment for such a huge potential return. One just needs a little insight.

This market is far from dead. Like I has said earlier in a post, this market will keep chugging along because of the G word "GREED". Fear will keep it from rising to fast, but greed will make sure that it heads up, up and away for years to come! Forget all of this bear/analyst mumbo jumbo about why the market just can't go any higher and how all of the techs stocks are so overvalued that they will all come crashing down. The fact is, stocks will go up until they do not show that they are growing. If they grow slowly, they go up slowly. If they grow at the speed of light, that is how they go up. Take AOL for instance. It is WAY overvalued but what do you think would happen if tomorrow it dropped below $100 for a no good reason, other than the fact that the market was down? Do you think it would close out the day anywhere near that level? No way. People would be selling their wife, children and appendages to scrape up enough money to buy some more shares. This would happen because of GREED, not rationale. It is like my wife whom just can't walk by a rack of clothing with a 50% off sign on it, while shopping in Sax, without stopping. So what does all of this mean?? It means that people will only let the market fall so far and then GREED kicks in and stocks that got hammered over the week now shoot up past their old highs, setting new ones. The only thing that will make investors stop buying a particular stock is if the growth rate slows down. That is when AOL will stop going up, plain and simple. When this happens it will probably be due in part to ATHM, but that is another story. Remember, every time the market drifts the world is coming to an end. Learn from the past. Though it does not always determine the future, it is the only way that we can make intelligent decisions. I am now long on ATHM and not daytrading. I feel that we are heading towards new highs and into a split. This of course is just my VHO...!

Ron Dior