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Technology Stocks : E-net - (ETEL) Patented telephony product

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To: Mark The Trader who wrote (491)9/15/1999 9:46:00 PM
From: Oleg Sogolov  Read Replies (1) of 545
 
The trading activity should be interesting tomorrow morning. I jumped this morning as a short play. It took several attempts but was able to short sell for half of all allocated money on one stock. If this thing gaps up tomorrow, I will be looking to add to the position.

The news of today is not a big deal. Just look at ARIS as of a month or two ago. They got a major investment by NXTL: the stock doubles in one day and then back to where it started.

I think the reason the stock drops like that is because investors do not believe the technology can be useful. I would have to agree with that assessment.
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