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Microcap & Penny Stocks : Wordcraft Systems -- Ignore unavailable to you. Want to Upgrade?

To: Mary Baker who wrote (688)	5/25/1999 9:11:00 PM
From: Bobcat	Read Replies (1) \| Respond to of 758

Mary - let me say this. I expect this too will not suit your taste. AOL is the only stock symbol of the few you listed in your message that I recognize at first glance. It is a very good stock. However the Internet stocks (both the good ones and the not so good) are overpriced. It has been a miracle that they have run this long without a substantial correction. They do not have the earnings to support those prices. However, some of them are very good stocks. It is very healthy for even the better quality stocks to fall back when they get too expensive. I own KIDE and recently it went to $25 a share and I said on Yahoo posting board it was getting overpriced. I made a few posters made. Well in the last few days it has been down and touched $20 3/8 as a low today. I am using it as a chance to buy more. But all stocks from time to time get too expensive. The one thing I have learned over the years is not to chase them. What has been going on in this market over the last several months is that investors are rotating stocks. I suppose it has come time for people to rotate out of those more expensive Internet stocks and jump on some of the small caps that are selling for peanuts and are due for some attention. As far as DCLK and XMCM. I am not sure what they are and would have to look them up.