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Technology Stocks : MindSpring Enterprises (MSPG) Another ISP.
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To: Robert Everett who wrote (1264)8/4/1999 2:30:00 PM
From: Shafik Habal  Read Replies (1) of 1434
 
Bob, I could be very wrong, but I doubt that will happen. Generally, I have found when people are most pessimistic, we are closer to the bottom than anything else. Therefore, though I don't profess to know when or where it will bottom, I will say that that it has already made enough skeptics to start basing. If I were guessing, I'd say + or - 3 pts it will start basing. Don't forget, there is some serious support at/close to this level (27 and change). Even the Fibo's would say that 25-26 is possible (62% correction). Who knows, but I've already started nibbling and from the looks of it, there are others on level 2 that are buying. Best of luck.

Regards,
SH
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