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Technology Stocks : Autobytel (ABTL) - Buy Autos online
ABTL 7.020+0.3%Oct 6 4:00 PM EDT

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To: rrufff who wrote (577)4/21/2000 6:59:00 PM
From: flyboy   of 594
 
I have a huge amount of shares now. This is my largest holding by far. My average price is now below $6.00 I would be shocked if I don't double my money from here in 6 weeks. Covered my Nas100 shorts Monday morning. I feel that the bottom of the Nas will be 4000 in the next week or do. The high of the year though won't hit 5000 IMHO. ABTL is still too cheap and now they are starting to get the long anticipated hype. Thom Calandra did a piece on Thursday. This came on CNBC at the close Thursday: cnbc.com I think that next week will be quite profitable in this issue. I have a rather large bet on it as well. As far as insider selling I am not concerned. The float is still too small for real institutional interest and most of it was short as of early March. As far as surviving the B2C shake out there is no way that their competition can last anywhere near as long as them based on the burn rate and the cash position.
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