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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: American Spirit who wrote (48505)6/3/1999 11:17:00 PM
From: American Spirit  Respond to of 90042
 
BNBN - yippee! Just got news MINDSPRING has made BNBN their books and CD seller. BNBN already AOL's exclusive partner. CNBC reported today that loss of Ingram buy-out deal is actually GOOD for BNBN and BKS short-term as it saves $600,000,000 cash. -- BNBN now looking like a real bargain at below IPO price. Wasted a lot of time and money on this baby last month but maybe now it's payback time, market permitting.

Remember everyone, just when things look worst it can be time to buy and fly. Example: two months or so ago every Y2K stock was in the toilet. They're up 50-100% from there. So never bail at the bottom unless you need cash, a tax loss and/or want to switch investments. Got to suffer the pain to make the gain. Net stocks look terrible right now but maybe they're next to recover. ATHM at 105, BNBN at 17, ELNK at 50, T at 54 (yes ATT is a net stock now). That which goes down must go back up (well usually). Here's hoping. WOuld just love to erase the last 5 weeks losses. Summer rally! YESS! Feeling bullish again.

PS - Go COMS too.