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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: rupert1 who wrote (1493)5/25/1999 11:31:00 AM
From: robbie  Read Replies (2) | Respond to of 12662
 
BTW there was a long article on WSJ this morning virtually stating that this is a bear market in internet stocks and that the bubble has finally burst. f anyone would like me to post it let me know.

No need, victor. I see one of those every other day. Scares the lemmings into selling their stock on the cheap to folks who can see the big picture....like myself.

jajajajaja

victor, it will take 30 years for the internet to be fully built and a mature industry. We are in the 3rd year of 30, IMHO. TRY TO SEE THE BIG PICTURE, VICTOR !!!!!!!!!!!

Robbie




To: rupert1 who wrote (1493)5/25/1999 11:49:00 AM
From: Jimbo Cobb  Respond to of 12662
 
"Bear market ???" 1-week after IPO, ETYS still has a market cap more than 5 times the initial IPO range...

That is not what happens in a bear market !!!!!!!!!!!!!

This is a correction in which some valuations are being adjusted to more sane levels and some lemmings are getting their butts kicked....

THIS IS NOT AN INTERNET BEAR MARKET, and until ETYS is selling at $5 and NETP is selling at $3, it is NOT a bear market !!!!!!!!!!!!!!!!!!!

Jimbo.



To: rupert1 who wrote (1493)5/25/1999 11:54:00 AM
From: Jimbo Cobb  Respond to of 12662
 
The fortunate folks able to buy CDOT a few weeks ago through E-Trade at the IPO price of $15 might agree with your bear market observation, however, as it is now worth $7, and they have lost over half of their invested capital in a "sure-thing" Internet IPO !!!!!!!!

jajajajajajajaja

Jimbo.



To: rupert1 who wrote (1493)5/25/1999 11:55:00 AM
From: rupert1  Respond to of 12662
 
correction: I said I sold all my NETP at $25 3/4 for a short term trade. I meant to say I sold all my LPGL at $25 3/4 for a short term trade. Would like to get back into LPGL at $24 1/2 or better with money raised from selling NETP. My average price on NETP is now $24 (having started at $33 3/4).