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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (40260)4/17/1998 5:10:00 PM
From: Dwight E. Karlsen  Read Replies (3) of 58727
 
lisa, have you noticed KTEL? quote.yahoo.com

the chart wasn't updated for today's move up yet as I post this. I don't think even the Y2K stocks were ever this feverish. I remember the last time internet stock mania took hold of investors, back in I think it was May 1996. But this internet mania today is even more feverish. It's slightly nutso. A news article shows Key West, an MM for KTEL saying on one day that the stock should go back down to 5-7, then the next day (today) saying that they thought even if it went to 30, it is a "buy the dips". I'm serious, that's what the article quotes the Key West guy as saying is the official "rating" on Key West: Buy the dips.

DK
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