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Technology Stocks : The Roaring Twenty 1998
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To: LTK007 who wrote (32)2/24/1998 12:50:00 AM
From: Blue  Read Replies (1) of 338
 
Hi max, OTEXF gets a lot of coverage in the Globe and Mail in Toronto...I have been watching them and though it was sad to see them drop out of the search engine biz, they are doing the right thing now.

Because of the lack of visibility and hype I expect OTEXF's big run to have a time lag...the market won't anticipate as it did with these others. (Hard to compete with names like Excite and Yahoo in the hype dept.)

But because of the solid business model and growth the beef is there so eventually it will catch fire. I think it was important technically to stay above 15. A lot of stock always seems to come out of the woodwork on any rally. Perhaps now those who were so eager to sell into the market on any bounce will now sit on their hands a bit, so if it stays above 15 for a little while we may see it continue to run.
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