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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!

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To: Benny Freeman who wrote (299)9/17/1997 9:28:00 PM
From: Ron Kline   of 3183
 
These internet stocks are pretty funny. They all move at different times and from what I've seen it looks like people rotate from one to the next. I bought LCOS in the 12 range only to see XCIT run past LCOS on to 18 while LCOS was in the trash can. Well that all changed and LCOS and YHOO came out as winners. Well interesting to note that as YHOO and LCOS are starting to correct XCIT is back up. I wouldn't be surprised to see this one move up to the LCOS range soon. I sold LCOS and bought XCIT yesterday because the big difference in price. It seems that XCIT is now the undervalued of the bunch (I don't count SEEK because it's not really a competitor). Beware though when all of them move down together. That might signal that the rotation has ended and the group is ready for a big correction.
Ron
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