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Technology Stocks : BackWeb Technologies Ltd (BWEB)
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To: Elroy who wrote (240)7/12/1999 6:01:00 PM
From: Wheats  Read Replies (1) of 584
 
Elroy, BWEB was up 15% today; that is not unusual for an internet stock. Did you see KOOP last week? Also keep in mind that the stock was oversold, and was due for a bounce -- look at the chart, particularly at Momentum and MACD. Furthermore, the float is small. I wasn't watching my terminal when this thing was running, but from what I heard, the gain was just after the analyst spoke. So, it sure looks like that was the spark that launched the stock. If I were you, I'd be careful with your speculation because, lacking evidence to support your theory, it could get you into trouble. I've seen it before.
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