DoubleClick Inc (DCLK) Message Board

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Technology Stocks : DoubleClick Inc (DCLK)

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To: go_bucks who wrote (2529)	7/24/1999 9:22:00 AM
From: Lindsey R. Spencer	Read Replies (1) of 2902

Fundamentals are irrelevant short term. Forget them. All eyes right now lay on the 73 mark: Will this price hold? That is the question. I fully suspect this price point will be tested on the short term - within the next 30 days. So anyone holding long just better stop looking at this stock for a while. Traders may enjoy short term plays but trading will be very risky. All present holders have an over priced stock and the Smart Money is well aware of this fact. The only way DCLK could have escaped this Market Wrath or at least diminished it would have been to have exceeded earnings expectations. They did not. If Greenspan would come in next week and start recanting some of his bull shit, now that could help the stock a little bit. Sounds though, like he wants to bring down overvaluation in the stock market. But barring that: it is a bad (overpriced) market, bad time of year (August isn't going to be nice), and DCLK isn't surprising anybody. So fasten your seat belts, you're going down on this roller coaster, in the short term at least. I hope 73 holds.

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