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Technology Stocks : STARBASE (SBAS)- InfoWorld Hot Product Review

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To: deanmkenley who wrote (814)12/13/1999 11:33:00 PM
From: ClearSky  Read Replies (1) of 1502
 
An earlier poster had a very wise prediction...that since the daytrader crowd hopped onto SBAS, it would be a bumpy ride. They're exactly right. When Amerindo's fund manager didn't mention SBAS on his CNBC interview, the daytraders exited, a 'sell on news' effect.

Remember, the daytraders are in it for the day to day profit...not for anything else. They took their few points of profit--they need to in order to stay in the game. Once the majority of that crowd is out, the stock may experience normal pullbacks...nothing goes straight up...but it has been noticed and the share price will soon reflect that.
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