7th Level Message Board

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Technology Stocks : 7th Level

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To: BarbaraT who wrote (618)	4/21/1998 7:39:00 PM
From: Street Walker	Read Replies (5) of 1019

From a Stock Broker Taken from Yahoo Msg board concerning SEVL: >I am a broker with a large firm and my company somewhat frowns upon day trading. But if you want to make serious money in today's market, day trading has become an inevitable necessity. This stock is nothing special but does possess an incredible plus, MOMENTUM. This stock [SEVL]is trading at a multiple near 12 times 1999 earnings. If you look at the other internet related stocks, this one is a definite winner. Many of these high flyers are trading at multiples from 100-500 times 1999 earnings, this one is a winner. Expect this stock with the publicity in the air to trade upwards to $30 tomorrow. A few of the brokers learned of this stock late day and were pushing it to their clients. I expect it to open higher, but for the major push to come after the opening bell. If you haven't gotten any yet don't shy from the opening price. If you look at MARG it opened at 16 5/8 and got as high as 29 1/2. That stock doesn't possess nearly the pull that SEVL has. By tomorrow the owners of this stock will be calling it 7th Heaven! < --------------------------------------------------------------------- Many here on SI thread are "short" and they want to scare the price down. They will get squeezed all day tomorrow. Don't short a stock with this kind of momentum. You'll get burned. After market trading over $11.00, may see $13 after hours. It will gap up and rocket! It will get CNBC mention all day long, along with other media attention and write-ups. Could someone actually explain their technology to a newbie of this thread? Street Walker ÿ

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