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Technology Stocks : BackWeb Technologies Ltd (BWEB)
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To: Secret_Agent_Man who wrote (299)7/15/1999 12:40:00 PM
From: Dako   of 584
 
I agree that this stock is strong. As I had said before, the sharp upward move on late Mon. and all day Tues. was heavily due to the CNBC plug and the attendant momentum traders, but it obviously needed a very fertile situation to do what it did and it looks like that's what you've got with BWEB.
A lot of the weak money washed out YDA and this morning's opening was very bullish and I mean that even for today if the techs hold in there.
Given the love affair the techies have with this co. and the projected revenue growth, I no longer want any part of a short here. For what it's worth, I am now long.
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