To: ST Trader who wrote (1485 ) 6/3/1999 10:45:00 PM From: Leo Francis Respond to of 1932
ALL, Yep, to build wealth you invest in market sectors, management, and business models. I maintain, COOL has all three. Outpost.COm is the fastest growing Etailer ever! Why? 2-7 billion in revenues will be attained if the promise of e-commerce, comes to fruition, which it obviously seems to be occurring. AMZN is selling over 1.5 billion annually with about 1/15 the average unit selling price. Just because a stock goes up, doesn't mean it's a great company. And just because a stock goes down, doesn't mean it's a bad company. What the market tells us, that over a particle time period, either more shares are being purchased, or more shares are being sold. Period. Every great company, and subsequent rise in stock price, has had its share of selling pressure, or poor stock performance. Big deal. Unless something fundamental changes, these periods of oversold conditions should be used as opportunities to buy. And COOL is a great buy at these levels. And I'm putting my money on the line, as testimony to my conviction, rather than fruitless lipservice. As to the claims of who is stupid, and who is smart: Let's see, Judi put his money in losing positions with MHWS>SONE PTEK>SPLS>AOL>EMC>EBAY, and did not have money in the one lucky call he has made so far.-g- Real bright! Too many investors have too little of a time horizon for their investments. That said, I have called and posted at least 4 successful definitive short term trading opportunities. I even called two gaps. These were of course my opinion only. I have also explained in detail the level of risk I am proportioning to COOL. If you believe in the future of e-commerce and etailing, and want to take advantage of what I believe are true profit potentials, invest some money in the quality etailers. Pick the best, the first, and the ones with branding power. Outpost.com fits this criteria IMO. Take a look at several historical charts, and you will find that new young companies go through stages like this. MSFT<DELL>CPQ>INTC>WMT>CSCO>ORCL>AAPL>GTW>BBY>CA>IM>YHOO>NSCP>NOK.A> etc. etc. Again, I like COOL long term, and ALSO short term as a trading stock right now. Good Trading, LF