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Technology Stocks : garden.com IPO (GDEN)

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To: DAY TRADER who wrote (71)11/3/1999 11:37:00 PM
From: Paul Viapiano  Read Replies (1) of 87
 
A very big disappointment today, however, the trading volume was less than usual. Especially the opening 15 minutes that tanked the stock...it was on hardly any volume at all. If you have the guts for this sort of thing, you know to wait it out. It's not good trading rules to do this but if you have a longer term outlook (and I do for this one) you'll be OK.

GDEN's outlook for the holiday season is very bright. I like the alliances I am seeing, the new products being offered and management's discussion of the future outlook. Sales tripled and there is not a speck of debt. A lean and mean company that is hungry. I like to see that along with an IR dept. that is devoted to keeping its shareholders well informed.

GDEN is definitely in the "first-mover advantage" position in their category, equivalent to Amazon and E-Toys in theirs.

Looking forward to more great things from GDEN...
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