AI
Tuesday, December 02, 2003 3:42:07 AM
Yeah for sure, it's a combination of things.
Look at Looksmart, $50 million in the bank and not even a wiff of a Div.....and yet the market loved them, because of potential growth in the sector, new deals, exciting advancements in technology etc etc.
SNN will be a market darling, but traders want to see brokers giving the stock the thumbs up......can anyone here give me ONE stock with similar market cap,rev's, and profit margins ?
I was surprised with the Div today, and even more surprised that the market didn't chase it......but lets see how things develope over the next few weeks
Cheers Tex.
Look at Looksmart, $50 million in the bank and not even a wiff of a Div.....and yet the market loved them, because of potential growth in the sector, new deals, exciting advancements in technology etc etc.
SNN will be a market darling, but traders want to see brokers giving the stock the thumbs up......can anyone here give me ONE stock with similar market cap,rev's, and profit margins ?
I was surprised with the Div today, and even more surprised that the market didn't chase it......but lets see how things develope over the next few weeks
Cheers Tex.
