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Technology Stocks : Mediaplex Inc-(MPLX)

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To: Phil Placier who wrote (40)8/14/2000 11:51:10 PM
From: Phil Placier  Read Replies (1) of 45
 
The $7+ level has held steady for the past week. It is starting to appear that a floor is being established. The Michael Baron piece on August 11 at CBS.MarketWatch.com is encouraging and supports the conclusion that the recent selling pattern may have ended. Today's selloff at market close suggests that the indications of a floor are not perfectly clear. The good news is that the close was still above $7, even with a decrease for the day. I will continue to wait and see, before buying.

I wish someone would join in active participation on this thread. I continue to think that the potential for this stock just may be extraordinary, for all of the reasons advanced by Red Herring when the stock was added to the Red Herring portfolio several months ago, but I seek more informed input.
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