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Technology Stocks : FreeMarkets Inc-(FMKT)
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To: Tom Hua who wrote (224)1/19/2000 8:20:00 PM
From: Steve Antonelli  Read Replies (1) of 414
 
Tom, it seems to me that today's announcement about the addition of all these new customers was aimed at putting to rest the whole GM thing. I think the main point of the announcement was to calm investor's fears that the GM loss would not have a major impact on sales.

I admire your conviction and courage in taking the short position, but with a 70 point move today on fairly decent volume I think you have misread the situation. I hope you plan to cover if it has another big move tomorrow.

Regardless, I am in it for the long haul and I believe that the company will be fine, whether that is now or in the future. This is a very hot market segment right now, and I think they are still considered one of the leaders in this field.

Good luck to you.

Steve
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