Calico Commerce Inc-(CLIC) Message Board

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Technology Stocks : Calico Commerce Inc-(CLIC)

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To: Mike E. who wrote (334)	1/19/2000 8:04:00 PM
From: John F Beule	Read Replies (1) of 457

"manipulating the stock to cover shorts" Hate to say this, but until you see strength at the close, will you see a progression upward. Until then, we will be testing lows. I like this company (because of the money behind it), But I'm guessing we will see low 30's before high 40's. Main reason for the downtrend is no catalyst for a potential run-nup, earnings have already been released, and even though they are good (relatively speaking), there was nothing really to build on. What will move this stock (as related others have shown) is the Keirietsu(sp?) of Kleiner Perkins. A lot of momentum folks are'nt waiting, that's why it's down. They don't have the patience...patience WILL win out on CLIC, but it'll test some stomachs first. Hope this helps John

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