GoTo.com, promising Internet search engine Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : GoTo.com, promising Internet search engine

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HungryMan who wrote (275)	7/6/1999 5:23:00 PM
From: Stephen	Read Replies (2) of 977

HungryMan, I sold my stock based upon the fact that there will be longs who want to cash out before the Yahoo earnings. I also noticed that ASKJ was very weak today and couldn't maintain any rally. With Yahoo and SEEK finishing down for the day the portents weren't good - so GOTO's performance was all the more impressive !!. However, that probably has more to do with people climbing on board one of the days momentum stocks than anything else imho. So - where from here ??. If the momentum fades, then down. It maybe down anyway just because traditionally, profit taking always hit these stocks immediately after Yahoo's earnings, and there seems to have been a shift to take profits before announcements this last few months. On the otherhand, if you are well ahead, you have room to guage the action ... so there's no point in acting too quickly. I'm not much help am I ????..... on second thoughts ... you're probably better off tossing a coin than reading this message !! Good luck whatever you decide Stephen

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next