Netscape -- Giant Killer or Flash in the Pan? Message Board

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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?

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To: ahhaha who wrote (1763)	12/19/1997 2:17:00 PM
From: ahhaha	Read Replies (1) of 4903

I rest my case. Sharp upside action on low volume during a nasty downside market day (actually market is bottoming). My institutions are as usual getting very nervous because they've been here before with me and they're sitting on their hands. The smaller guys are covering. It's no big deal. Just study price elasticity/inelasticity relative to marginal demand or supply instantaneous states. It's an old Jesse Livermore trick. You have to understand what the market mechanism is about and a good representation of how it works is the specialist's book function.

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