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Technology Stocks : OnSale Inc.

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To: Sabrejet who wrote (2261)12/3/1998 7:59:00 PM
From: PAL  Read Replies (1) of 4903
 
Hi Seczebra:

Question: When the futures were getting hammered last night, I thought if I was long, how the heck would I get out of this mess? Well, there is a God and thanks to that and the fact the European's dropped the interest rate, stocks went up and then retreated. Did anyone see that as an opportunity or did most get filled with greed again? How many times will that happen? I have been in cash for a couple of days so I was fortunate ;)

Good for your: Proficiat!! Your father-in-law must be a good teacher.

The bold sentence: you are so right. Because looking at Ebay, people start seeing the greens at 200/share by saying: "logic tells me that ... if ebay is at ... onsale must be at ...". However, how many times Wall Street is not logical. TCMS goes up 184%, the parent company USAI that reaps a windfall comes down.
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