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To: Penny Stocks who wrote (1230)5/25/1999 9:07:00 PM
From: dabadabadoo  Read Replies (1) | Respond to of 2419
 
Hi NT - i think fundamental analysis is beginning to be applied to net stocks(eg, what are the earnings; if none, better be in the black how soon?) and a move away from the spec bubble has begun. therefore, i'm not convinced that bottoms (perceived and earnings based) have yet been reached for Yahoo, CMGI, AMZN and other high flyers. it will be interesting to see how long this rationale approach is in vogue; coincidentally, i don't have lots of $$ to buy in at current prices so cost averaging in lots of 25 may make alot of sense in light of the above (not to mention the approach always makes sense outside of net stocks).