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Technology Stocks : DoubleClick Inc (DCLK)

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To: dabadabadoo who wrote (2641)10/7/1999 2:33:00 PM
From: Sanjay Varma  Read Replies (1) of 2902
 
Opinion:

Saw the first signs of weakness in some tech/net stocks today. (bout, macr). Also, insp traditionally lags the net sector by a few days, and it finally made a big gain today.

I believe that net stocks will 'correct' after earnings season, as always, but the correction will be brief and rather shallow due to holiday anticipation. Wednesday's closing price for many net stocks may be a good figure to keep in mind for support after earnings season.

-Sanjay
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