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Thursday, May 12, 2005 3:25:23 PM
That is what im after. This stock will go farther on sheer euphoria than real hard financial numbers (even anticipation of that).
I watched a promo in 1998 where the stock price went from .20 to 25.50, in 4 days, on nothing but speculation of what it was really worth. (Same scenario - a ground/industry breaking new product). The first PR set it off followed by 2 more in the next 2 days, and it was off to the races. The stock only held those prices for about a week, falling back to below 10. Six months later, when 'real' contracts started coming in, the price stabalized around 5. A couple of years later they were bought out.
Its fun when it happens. Lets hope we all get out in good shape.
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