Open Market (OMKT) Message Board

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Technology Stocks : Open Market (OMKT)

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To: marvin smith who wrote (711)	11/28/1998 4:30:00 AM
From: Robert Rose	Read Replies (1) of 2004

<Looks like we hit resistance around 25 and fell back going into the weekend. With the volume the last 2 days I would think we would have more momentum. Any thoughts. Marvin > Given the stock's decline from 29 to 6 in a few months this year, it is amazing that it isn't facing more resistance on the way up. A lot of folks must have felt pretty burned to see their investments cut to a half, third or fourth. Some of those folks may just be happy to get out even, now that the stock is climbing. Hence the incredible volume - lots of buying, but lots of selling. But still a lot more buying, hence the fabulous price appreciation. In under 9 Wednesday AM and loving it! Even ebay took a couple weeks to do this! <G>

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