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: chirodoc who wrote (1366)	4/16/1998 11:26:00 PM
From: The Vinman	Read Replies (1) of 3183

<<big run up>> Stock was at 50 last week, when is the big run up? XCIT is poised for a big run down. A stock that has run up from 50 to 90 in a week and actually reported a loss of .28(worse than last year) is going south. Venture capitalists are selling over 1 million shares. YHOO will go with them. These stocks are pure hype at this point, and analysts will have a hard time convincing anyone to buy them at these nose bleed levels. "Hi, this is your broker, I think you should buy YHOO, it's a great value at 1200 times earnings. It has a $7 Billion in market cap with about $100 million in rev's, a great value." A number of people have made a lot of money on these stocks, but MANY will get fried that bought in for the long term at these levels. Vinman

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next