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Strategies & Market Trends : What happened to FBNA? -- Ignore unavailable to you. Want to Upgrade?


To: Tom C who wrote (10)10/9/2000 12:39:24 AM
From: Bill Ulrich  Read Replies (2) | Respond to of 22
 
I haven't followed MSFT fundamentally to any depth lately for a specific comment. But, aren't they a penny stock? <gg>

With the Naz falling below 3300 now, I think it's a little early in October to buy anything. Today's "good values" will be tomorrow's "screaming buys", and I'd wait to see how October fills out a little more. As an example, Kerry and I were discussing LU at 36 a few weeks ago. That really was a great price at the time—until it lost another 20%. And I coulda swore that 3.00 was The Bottom for WBVN, so when it hit 2.25, I ecstaticly jumped in. Today, it's really On Sale, at 1.75

Well...WBVN is more spec than the other two, but really, I'd wait till the traumatic bleeding slows down before buying anything.