The Roaring Twenty 1998 Message Board

STOCKTALK

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Technology Stocks : The Roaring Twenty 1998

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To: White Shoes who wrote (1)	5/6/1998 3:59:00 PM
From: White Shoes	Read Replies (1) of 338

I continue to be quite bullish on XCIT, especially with the announcement about the partnership with AT & T WorldNet. Because we sold at $92 after buying at $38 I suppose we can afford to be bullish with the stock around $66. I think however that we are seeing quite a lot of negative sentiment from the big important loudmouths on Wall Street regarding Excite's kid founders and their supposedly weak financials. And oh yeah haven't you heard, Excite and Yahoo are "search engines". Hmm, somebody's missing the boat if they don't know any more than that about it, for example (one of probably 20 important things to know about XCIT and YHOO) the fact that portals such as XCIT and YHOO are going to supplant or at least pose serious competition for the portal component of AOL (a $16 billion company by the way), as big utilities supply the 'ISP component' of AOL (have you heard, I'm not a big fan of AOL?). This is why the deal between NSCP and XCIT is so, well, exciting. That said I think I'll be cheap and look for a price somewhere in the 50's to buy 100 shares of XCIT for the portfolio. If anyone is reading this thread your thoughts would be welcome, including short term technical analysis of XCIT.

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