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Microcap & Penny Stocks : Q-Seven On-line gaming etc- invest via DWNS -- Ignore unavailable to you. Want to Upgrade?


To: Trade4$ who wrote (22)5/25/1999 7:47:00 PM
From: Trade4$  Read Replies (1) | Respond to of 30
 
Sure wish I had some company posting here. Does anybody read my dribble besides me??? Actually, guess I don't read it either- I just write it.

It is painfully clear to all of us by now that Internet stocks have lost their enthusiasm. It is a contagious condition that affects all the stocks in the sector. IPO's are not doing as well and stocks such as DWNS that have unbelievable potential are stuck. Guess that is better than many Internet stocks that keep dropping. Which brings me to my real point.

AOL, CMGI, CSCO, MSFT, DELL, SUNW (and may others) are all testing their intermediate low points right NOW. CSCO closed just below what would have been the perfect bottom 3rd leg of an ascending 45 day triangle (hi 120, hi 120, hi 120 vs low 100 low 105 then 3rd low at 104.5 today- should have been at 110). We are at the turning point. Either all the tech stocks (especially dot coms) are going to rebound this week or they are going to collapse (fall of 98).

I hope for rebound. This will help restore confidence that will help DWNS take off. If we have collapse, I think that DWNS will continue to grow slow with each new announcement and development. I say that based on how much it has grown as the technology market has been dropping. Maybe DWNS is a safe haven for our money? I am very glad my largest investment is DWNS and not the previous examples (although I still own a little of most of them).

For what it is worth, that is my opinion of things.

trade4$