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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Densiebj who wrote (47452)	6/1/1999 8:18:00 PM
From: backman	Read Replies (1) \| Respond to of 90042

ELNK (and the 'nuts) by anyone the change in the internet stock behavior is IMO the result of 1) sector shift....$$$ going elsewhere 2) trends tim has discussed over the last few days if rates go up, those companies without any cash, lots of speculation, are going to have people leave....MER is making stock trading almost a "loss-leader"...similar to AMZN "building a brand" while losing $$$ by design....MER, however, will probably keep some of your assets under management, and have an interest free source of money ELNK support? base was built in a rising market...IMO, a base built by a stock with a high turnover (traders stock) is not as credible as a base built by a buy and hold stock...notions of support on these trading stocks is less reliable ELNK: good inet company....and going down with the rest of em david