Excite [XCIT], an exciting stock to own in 1999! Message Board

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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!

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To: Still Rolling who wrote (831)	1/19/1998 5:04:00 PM
From: Keith J	of 3183

Sure, it's a good short term move. And sure, the engine market is frothy. I'm honestly only long XCIT because I'm short YHOO. Take a look at the capitalization differences between the two - it's nearly 6 to 1. And XCIT is only about 1 quarter behind YHOO on the revenue side, and will probably be less than that after they report the December quarter. And that's what the engine market is valued on, not earnings. My guess is that unless the engine market breaks down, XCIT will be pretty strong until earnings are announced (I'm thinking it could be buy the rumor, sell the news). I believe the technicals are very strong right now. I'd watch it, maybe put some stops in. Just my 2 cents worth. KJ

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