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Technology Stocks : Viant Corporation (VIAN)

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To: Magnifique who wrote (128)2/6/2000 8:52:00 PM
From: Ryno  Read Replies (1) of 183
 
I have been watching VIAN for several months now. I picked up some shares right after their previous earnings announcement, but liquidated about a week later because its price behavior on strong market days concerned me.

Since then, I noticed they established a trading range of basically between 90 minus and 110 plus. I was going to try my luck at trading inside the channel. Now that I see they have another positive earnings surprise, I am again considering a long-term position. But wait, why is it that after a positive earnings surprise, the company goes up to 120 only to close with a nominal gain?

In the final analysis, I like this stock, but think there are better places right now for my money. I will watch closely.

ryno
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