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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!
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To: Still Rolling who wrote (819)1/15/1998 5:59:00 PM
From: Pete  Read Replies (3) of 3183
 
I would disagree that xcit is undervalued. Actually, I think it is as overvalued as the other peers (Yahoo, Lycos). Yet, Excite has the poorest earnings outlook. Zacks forcasts the company will lose $0.12 end of 1998. I think the runup today is partly due to short sequeeze that people cover their shorts after the stock breaks $35. I expect it to come down in the near future.

BTW, do people know when the earnings will be out?
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