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Technology Stocks : Information Architects (IARC): E-Commerce & EIP
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To: desert fox who wrote (479)6/26/1997 7:20:00 AM
From: R. Bond   of 10786
 
desert fox,

I, too, respect Mad Monk. However I would like to mention that if you look at a price chart for this stock, you will notice that it dropped from it's high of around 20 rather quickly. This may indicate that some of those who bought in at 20 have been impatiently holding and would like to sell, move on, and be done with it, without a loss, when they can. This situation is called 'overhead' and can lead to a pause or braking in a stock's climb.

I believe the powers of Mr. Monk extend into realms far beyond this sort of analysis. Respect.

Good luck to you,
Bond
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