DRIV (DIGITAL RIVER). Get in on internet IPO. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: uthabros who wrote (3071)	4/17/2002 10:59:43 PM
From: M. Frank Greiffenstein	Read Replies (2) of 3198

I'm back in DRIV Uthrabos,long time no hear. DRIV just goes to prove how inefficient and nutty the market is. DRIV announces a 1.5 million shortfall, and the stock loses $390 in market value from top to current bottom. Of course, irrationality floats up too, and I still can't see what justified DRIV going over $20 to being with. Worse, DRIV announces its purchase of Beyond.com (for peanuts!) will add 3-5 million in revenue for the year, making up for the previous shortfall. But DRIV continues to go down!! My take: This stock trades on news. I see no reason why a good headline or a new turnkey contract can't get this stock moving again. I started nibbling at $8 and took down a lot of shares at $5. Technically, the stock looks like it is basing. And DRIV renewed its contract with MLB, indeed, enhancing its services. There is very little downside at $5. Doc Stone

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next