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Technology Stocks : WebMethods,Inc. (WEBM)
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To: Lizzie Tudor who wrote (117)8/12/2000 11:02:19 AM
From: Victor Lazlo  Read Replies (1) of 161
 
Lizzie I wish I knew how far it could drop. But if they release some news, it could shoot right back to 105, imo. It doesn't really seem that weak actually, considering the way the nasdaq is behaving.

However, I think the market is going to get ugly after the 22nd when the fed meets. If webm is still up in the 80's or higher then, I may go short on it.

I don't believe anything on Thompsons either. They sometimes show 60% institutional buying on penny stocks.

Good luck!
Victor
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