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Technology Stocks : Commerce One Inc - (CMRC)
CMRC 4.965-3.0%1:00 PM EST

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To: Lizzie Tudor who wrote (245)12/23/1999 4:55:00 PM
From: byhiselo  Read Replies (1) of 1938
 
to thread:

i for one went long today at 574 and 586 after waiting what seemed like forever for a significant pullback and never got
one, i notice CMRC bounces of its 10DMA rather regularly and at this point the 10DMA is around 490

i'm prepared to add if it pulls back to 10DMA but firmly believe that institutions will greedily buy any shares coming out of lockup on Tuesday (RBAK, VIGN come to mind as
examples), they would love to see the float over 20 million
(split-adjusted) since they can then take on meaningful positions,

remember when AOL's float/market cap was this low?

to think i went short in the 100's and covered for +10
if only i'd gone long :-{

counter arguments welcome and cheers
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