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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!
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To: TLindt who wrote (2000)7/9/1998 6:44:00 PM
From: Gloria G  Read Replies (2) of 3183
 
The internet search engines will be tumbling down for the next few weeks. There was much "emotional" buying, and now there will be emotional selling. The smart money, ie funds, started selling during the last hour,today.
Without any profits there is nothing to sustain this company's upward momentum. I sold today. I think this stock will see 50 before it sees 100 again.
Good luck to all of you.
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