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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: StockHawk who wrote (6086)	4/29/1999 2:07:00 PM
From: Rande Is	Respond to of 57584

StockHawk, Of course you realize that I don't meant to say that internet companies are going away. I think they represent the best opportunities for the future. . . merely saying that this whole cyclical rotation thing is more about Mutual Funds, brokerage houses, market makers and heavy players shuffling their portfolios to get out of certain [overvalued?] stocks for the summer and sticking cash into undervalued. If we stop putting air into the balloon, it will eventually deflate. . .I have set "median" prices on internet stocks, to measure their movements. For instance DCLK at 133. . .today it was as low as 127 and as high as 145. . .what is the upside potential over next few months over the downside risk? I honestly plan on buying DCLK in the 80s in the next few months. I totally respect and welcome your opinions and input. . . IRON sharpens IRON. Rande Is