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Technology Stocks : eToys Inc. (ETYS)

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To: Captain James T. Kirk who wrote (1018)2/19/2000 1:17:00 PM
From: Stuart Carmichael  Read Replies (1) of 1330
 
ETOYS is a stock to hold long term, you can't trade it daily and cover your commissions. ZSON(BB) traded between $1.00 and $4.00 on Friday, that's what I call a trading stock. ETOYS may bottom at around $8.00 in early Summer. There is no point in Management worrying about the stock price with X-MAS 10 months away. In the meantime, it gives them a chance to re-write stock options and get some big players on Board with the stock at a cheap price. So lets watch the news for this to happen, then they will push the stock.

As I said , Value America went from $75 to $4, but ETOYS is a far better long term play.

I think these are classic sucker rallies.
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