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Technology Stocks : Fatbrain.com Inc. (FATB)
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To: DayTraderKidd who wrote (32)11/22/1998 1:39:00 PM
From: Joe Bz  Read Replies (1) of 332
 
I think CMPL will gap up on Monday. Daytraders got in on a CNBC mention and ran it up to over 24 and then got out at the end of the day.

I do not see any reason for it to tank on Monday morning. It has a good web site and decent financials for an internet stock. As long as the internet craze remains in place CMPL should head up. And any positive news mention will send CMPL several points in a hurry. I was glad to read that CMPL was on CNBC Friday night.

It is too early to establish support and resistance levels, but it appears that the 19 - 20 range may be where most people are interested in holding the stock. On Friday, it held that range until the CNBC mention and then it popped. I watched the last hour of trading and it kept bouncing between 21 and 22 until the last fifteen minutes when it dropped to 20 (which is when the daytraders closed their positions).

I think CMPL has all of the elements to run like a good internet stock.
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