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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?

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To: Jim Fraser who wrote (4421)11/9/1998 11:58:00 PM
From: jason D.  Read Replies (1) of 4903
 
Jim-

While there was news and this gave investors additional reasons to buy, the move was primarily technical. The chart set up beautifully on Friday for a big move today just like what we did see. The predictability was actually quite high. It was sitting on its 200MA with increasing relative strength while lagging behind the Internet sector just like it had done earlier this year.

My Nov 25 calls treated me quite well today.

Happy Investing!

-jason
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