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Strategies & Market Trends : Tech Stock Options
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To: HairBall who wrote (58101)11/27/1998 7:33:00 PM
From: Dragon 1  Read Replies (1) of 58727
 
LG, DON, Trey, Stephen, per Don's major internuts stalling, how is this going affect the second and third tier internuts plays which have been catching wild fire and there seems no stopping it. Like BAMM AMEN CDWI. It also seems they are going to be fueled on Monday when MALL's IPO of UBID becomes public (MerilleLynch being the underwriter). This could be the IPO of the century and its potential could be mirrored in the price movementof the MALL the last few days. It will be priced at 14-16. but may gap up at 50 and reach an intraday high of 100+. Gosh, nuts!!!

My question: if the big market turns next week (possibly), would it affect the momemtum of the internet sector seen here and now?
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