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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: MARK C. who wrote (29467)4/19/1999 11:33:00 PM
From: Jim Ray  Read Replies (2) | Respond to of 90042
 
I've been trading techs for only about 5 years, but if memory serves me right, they get creamed about this time every year. But by fall, they come roaring back. Of course I have never been smart enough to go to all cash in March. But remember, a lot of these companies are 35% growers a year, I can't see them not coming back strong.
(just the opinion of a not to smart investor.)
Jim



To: MARK C. who wrote (29467)4/19/1999 11:42:00 PM
From: Dolfan  Read Replies (1) | Respond to of 90042
 
Hey Mark, it sure looked orchestrated to me!
However, the DOW had been setting records for 5 straight sessions, I guess it was time for a breather. But what indicators were there that this was influenced by the economy. Most techs are reporting great earnings! CTXS, INTC, LU on 22nd. Interest rates have remained the same! And the futures were up pretty nice this morning.
Am I missing anything?

BTW Looking to pick up the roaring 2000's this week.

Regards,
Mark

Very interesting,
Great Buying Opportunities!



To: MARK C. who wrote (29467)4/20/1999 12:06:00 AM
From: zook2  Respond to of 90042
 
On the small cap front. I have been following/investing in a start up restaraunt/entertainment company DANB "Dave and Busters". 60 sq foot bar restaraunt meeting facility and the best interactive tech shit around. The stock was up today but no volume. The stock has done nothing for a year and half; but the company has gone from 8 complexes to 17 and they are opening four more in 99 and 7 in 2000. Numbers look good. The story is pretty simple. No recession. Expensive start up causes barrier to entry. Cash flow starting to fund new openings. Line of credit for funding through 2001. Nobody give this stock the time of day but it starting to shape up to be a nice little company. Take a look if anyone has a chance. Comments appreciated.