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Technology Stocks : FNCM Finet.Com

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To: PDL who wrote (2261)8/18/1999 11:59:00 AM
From: Bryan  Read Replies (1) of 2420
 
......Whatever, this stock is long overdue to rebound

Well, have to agree with you on that.
Never got into this one, but it looks like the market is impressed with FNCM's ability this time to release numbers in a timely fashion; considering how late the last financial report was. My guess is either they have something good to report and they want to get it out on the table, or this is just an ephemeral short-squeeze. If it's the latter, then it could spell trouble after the shorts cover. Who will support the price if it tumbles again?
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