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  Tech Stock Investor - Archive 1 (Page 3)

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Author Topic:   Tech Stock Investor - Archive 1
newsman
posted 04-10-1999 07:45 PM     Click Here to See the Profile for newsman      Reply w/Quote
TSI, I don't think it's a conflict of interest if you like a stock and buy it and then tell others you like it and think they should buy it... However, it would be a conflict of interest if you didn't like a stock and said you liked it because the company paid you to say you liked it. I know some sites out there do this (not yours). But this is just my opinion. I don't know what the legal requirements are... to be safe, you might want to mention on your site which stocks you currently have a position in.

techstockinvestor
posted 04-10-1999 02:40 PM     Click Here to See the Profile for techstockinvestor      Reply w/Quote
We recommended Rhythms NetConnections (RTHM) a couple of posts ago.
Does anyone think it is a conflict of interest for us to recommend a stock?
Check out article at: http://www.msnbc.com/news/257768.asp

fanatic
posted 04-07-1999 09:08 PM     Click Here to See the Profile for fanatic      Reply w/Quote
techstockinvestor,
Crazy or smart - only time will tell. But it's cool that you're going out on a limb and saying what you're about to do, rather than the way most people post messages, when they don't tell anyone what they bought until after it goes up (if it goes up). I'll be watching this pick, and if you call this one right I'll be paying close attention to your future picks...

techstockinvestor
posted 04-07-1999 06:26 PM     Click Here to See the Profile for techstockinvestor      Reply w/Quote
We just placed an order to buy 25 shares of Rhythms NetConnections (RTHM) tomorrow.
The usual reaction we get is: "What? Are you crazy? You're going to buy a stock that just went up 229% in one day?"
But we believe the biggest problem with the internet today is lack of high speed internet access. We are willing to take a chance, and plant a seed in a company that is working to fix the problem.
Any opinions? Are we crazy or smart?

newsman
posted 04-06-1999 10:19 PM     Click Here to See the Profile for newsman      Reply w/Quote
Warren, I just checked out the BidNow site. It looks pretty good. And the domain name is ideal (BidNow... much easier to remember than eBay the first time you hear it). The site says hundreds of new items are listed each day, so BidNow is probably only about 1/100th of the size of eBay. Of course, the market cap is probably only 1/100th of eBay's too...

WarrenJohnson
posted 04-06-1999 07:15 PM     Click Here to See the Profile for WarrenJohnson      Reply w/Quote
Check out auction site BIDNOW.com

This is the best auction site I've seen since EBAY. There's room for more than one and I think this one has a good shot at taking off. Check it out.

http://www.bidnow.com

stock symbol - BIDN

techstockinvestor
posted 04-05-1999 06:58 PM     Click Here to See the Profile for techstockinvestor      Reply w/Quote
techwatcher,
The Mayor of Investorville also pointed out (over on the net investing board) that notoriously bullish internet analyst Keith Benjamin is also getting nervous about the performance of recent internet IPOs at: [url]http://www.wired.com/news/news/business/story/18914.html [/url]

The nasdaq being this far above its 200 day moving average is also flashing a "beware" signal to us.

Yes, we agree there is a decline in quality of new IPOs. We find ourselves being more picky, and investing a smaller amount, if we do invest.

Yes, we expect accelerated internet IPOs of all kinds because it's where the action and excitement is.

But, due to the extremely volatile nature of the nasdaq and internet stocks, we believe someday in the future (no one knows for sure when), the nasdaq will come crashing down way below its 200 day moving average (like Oct. 8th) and the IPO market will dry up for a while. Could be a buying opportunity.

techwatcher
posted 04-05-1999 11:58 AM     Click Here to See the Profile for techwatcher      Reply w/Quote
TSI,
I've been watching the internet IPOs recently, and I think that there is a clear difference in quality between companies going public now and companies which went public in 98 or before. The companies going public now are getting the same ridiculous valuations as more established net companies, but these new IPOs have much less revenues and bigger losses (e.g. eBay vs. Priceline). Do you agree that there's been a decline in the quality of net companies going public? Do you expect it to continue?
Thanks...

techstockinvestor
posted 04-04-1999 08:12 PM     Click Here to See the Profile for techstockinvestor      Reply w/Quote
Investorville has just been named a CNBC "cool site of the day!"
Congratulations to our Mayor of Investorville!
Check it out at: http://www.cnbc.com/coolsite/99-03-25.html

techstockinvestor
posted 04-02-1999 06:46 PM     Click Here to See the Profile for techstockinvestor      Reply w/Quote
One other point of interest about our Top Ten Stocks listing:

Amazon just overtook Yahoo for the top spot on our Top Ten Stocks listing, during our last monthly update on 4-1-99.

Yahoo had been at the top of our Top Ten Stocks listing for the last 13 months.

techstockinvestor
posted 04-02-1999 06:20 PM     Click Here to See the Profile for techstockinvestor      Reply w/Quote
Speaking of extreme volatility (from the last post), here is some history behind our 7th best performing stock so far (Go2Net):
(It just jumped from #18 last month to #7 this month)

(1) We bought 100 shares of Go2Net in June 1998 for about $2,600.
(2) By Oct. 1998 our investment was down to $1,500 with about a 42% loss.
(3) Current market value as of today: $26,000.
(4) Current percent gain as of today: 900%

From a 42% loss, to a 900% gain during the ten months we've owned it. Now that's volatility!

techstockinvestor
posted 04-02-1999 05:43 PM     Click Here to See the Profile for techstockinvestor      Reply w/Quote
momentuminvestor,
We like Broadvision and Webtrends and own both.
Broadvision is ranked #15 on our Top 50 Stocks listing with a 636% gain.
We are up 106% with Webtrends, but it has not broken into our Top 50 Stocks listing "yet."
Broadvision's software will help you build an e-commerce website, then you can analyze traffic to your site with help from Webtrends.
Both have high revenue growth. Our type of stocks! But, as usual with internet stocks, be prepared for extreme volatility!

momentuminvestor
posted 04-01-1999 04:18 PM     Click Here to See the Profile for momentuminvestor      Reply w/Quote
What do you think of BVSN and WEBT? Both have made nice moves upward in the past few weeks, but are now several poinbt off the 52 week high. Any comments?

techstockinvestor
posted 03-30-1999 07:07 PM     Click Here to See the Profile for techstockinvestor      Reply w/Quote
techwatcher,
We try to hold our stocks as long as possible, and will only sell if revenue growth drops below 30% per year.
I agree, that with many of the internet companies enjoying over 100% revenue growth per year, 30% may look small.
But I remember the "old days" when 30% revenue growth per year used to be good.
(Are internet stocks spoiling us?)
I still think revenue growth for internet related companies like DELL(38%), CISCO(40%), and MICROSOFT(38%) "ain't bad."

techwatcher
posted 03-29-1999 10:10 PM     Click Here to See the Profile for techwatcher      Reply w/Quote
TSI,
Do you mean 30% per quarter or 30% per year? 30% per year obviously isn't very good for an internet company...

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