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Technology Stocks : Open Market (OMKT)

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To: DanielleC who wrote (1778)11/19/1999 11:01:00 AM
From: SS  Read Replies (2) of 2004
 
"Open Market ignites" (From CBSMarketWatch)

Open Market shareholders have finally enjoyed the breakout run they've been waiting for. The faithful on the message boards have been calling for an Open Market (OMKT: news, msgs) explosion for years now. On occasion, the stock has obliged with a spike here and there, but nothing like the solid rally OMKT has felt since I last covered the company in All Aboard.

Back then, the longs and shorts went toe-to-toe over OMKT's potential. But, on Thursday, the tone was completely different as the bulls ruled the day. For good reason, it's not easy bashing a company in the midst of a 22 percent pop.

OMKT is starting to get its just due, according to Crushers on The Motley Fool: "The e-commerce industry has been captivated with OMKT's software.
People I speak to who run their Internet commerce sites all use OMKT. For the last two years,the company has been plowing money into development, not marketing. Much to the
displeasure of people who wanted a quick pop. Much to the pleasure of consumers. This stock is poised to move and move quickly. It's the best held secret on the Street."
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