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Technology Stocks : Open Market (OMKT)
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To: Hans-Erik Eriksson who wrote (713)11/28/1998 6:06:00 PM
From: Paul B.  Read Replies (2) of 2004
 
Hans-Erik,

Some of us over here are also amazed and at the recent turn of events. I too picked up the stock early and was getting somewhat discouraged by the price action.

It does not appear to be an early buy-out phase, but simply a mass feeding frenzy of small investors. There is currently a fear by many people of being left out of the internet craze. The internet leaders such as Yahoo! and Amazon.com have become so high priced, that investors are now looking at the second tier internet stocks. As you can tell by the recent posts on this board, many trade in and out during the day. With more buying than selling this pushes the price up. Where it will end is anyone's guess. But it has been a fun ride!
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