Excite [XCIT], an exciting stock to own in 1999! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HerbertOtto who wrote (1062)	3/2/1998 11:50:00 AM
From: Stephen	Read Replies (2) of 3183

A general question to the thread ..... before President Clinton made his statements about e-commerce and taxation, the search engines (Infoseek excluded) and some other internet stocks seemed to be on the slippery slope after making relatively quick gains. I was expecting this to continue ... Excite to the high 30's for instance (38 support level?), before any recovery. The weakness seems to be showing up again today ... any opinions ???.Also, if Excite breaks through 38, the climb to that level from the 31+ level occurred in a couple of days mid-January which suggests 32 is the next support level... if anyone could give me a TA analysis/opinion I would be very grateful as it would seem that pulling the trigger in the high 30's may hold some sizable risks should there be some unforeseen bad news (ie Asia...) announced at the wrong time. Thanks in advance !

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next