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Technology Stocks : eShare Technolgies (ESHR)
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To: Nick DeVito II who wrote (560)2/15/2000 11:17:00 PM
From: Crusader  Read Replies (2) of 653
 
I'm not sure I trust after-hours quotes. They're usually off base. But, here's my prediction for tomorrow (we'll see how it pans out).

If it gaps up, then it will go back down quickly because a lot of profit takers will want to lock in profits because of the past volatility. That may push it to the high teens, but I'm not so sure it will go that low. I'd predict 20 as the possible low, and more likely 21. That's merely a guess.

However, if it starts down in the morning, then I expect stop losses to get taken out and panic selling from those who bought last week who want to lock in a short term profit. But, I expect value buyers to step in and push it back up based on the growth of their Internet business and TONS of new and impressive customers.

Basically, I expect the stock to end above today's close if it gaps down at the open, and to end below today's close if it gaps up. I predict it will be 26 or better by week's end regardless. Anyone else care to venture a guess? (Disclaimer: I am almost always wrong)

What would help clarify everything is if they had a conference call to give future direction. I think the future is extremely promising, but I'd like to hear it from the voice of management.

Crusader

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