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

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To: TLindt who wrote (897)1/24/1998 4:52:00 PM
From: Benny Freeman  Read Replies (1) of 3183
 
T, with first support level at 38-39 and strong support at 35, it is just possible that we are looking at really strong advance here. The breakout last August went from 18 to 35. I may be just whistling Dixie, but it looks like a fresh breakout at 35. Perhaps 70-80 is not so outlandish. When YHOO left 25, it tripled in 3 months. It moved from 37 to 54 in 10 days. Why leave the party when we are just getting started?

Please give me the argument against this thinking. I'm way to optimistic sometimes. But I don't to walk too soon. Congratulations on you profits.
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