Hastings Entertainment (HAST) Message Board

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Technology Stocks : Hastings Entertainment (HAST)

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To: LemonHead who wrote (8)	11/29/1998 11:48:00 PM
From: molemania	Read Replies (2) of 63

Lemonhead - If you don't own the stock and are going to buy it first thing Monday morning, why in the world would you continually hype it? Do you want to buy it at a higher price? I actually own just a couple of hundred shares because there is a Hastings store in our town and our kids like it. But I am selling at the market at the open because the thing has gotten too hyped and well ahead of it's fundamentals. The stock has already reached the 12 month price target that the analyst put on it a couple of weeks ago. Plus I have been checking different sites and Yahoo, Lycos, etc. don't have any links to Hastings. Lycos even has a star rating of 52 music, video and general entertainment online vendors and Hastings doesn't even make the list. Check it out for yourself. With the relatively small volume that Hastings does and will do on the net, they are going to have to sell at a loss to compete at the prices that the big guys sell for. Plus BKS, AMZN, CDNW and the like are going to take market share from HAST big time. It's been a great little ride (I got in at 9 and a fraction - one of the few times I've been right), but I'm going to get out while the gettings good.

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