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Technology Stocks : Efficient Networks Inc - (Nasdaq- EFNT)

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To: coug who wrote (54)7/15/1999 11:58:00 PM
From: Electric  Read Replies (1) of 675
 
coug,

I am convinced there is still legs for stocks in this group. I watch RBAK (my fav stock lately) move up day after day, partly due to the light float but also since there is alot of $$$ to be made for companies in this very exciting part of the internet. I know personally I have a slow modem and when things become available to me (DSL or cable) I am planning on upgrading.

It makes sense to take advantage of what is hot, and this group has been hot and will likely continue to be. I just hope that not too many IPO's come out that dilute the sector, like we saw happen to the second tier internet group.

Things will definately be bumpy as with all new IPO's, but I think this is a winner, and the price is still reasonable for people to get in...

I expect a good solid day tomorrow, and volume really doesnt matter down the road since RBAK trades like 200-500,000 and goes up 15-30 points...lol

I hope you do quite well with it. Did you get the IPO? Or on the market?

Take care.
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