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Technology Stocks : Creative Computers(MALL)

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To: puborectalis who wrote (1154)12/7/1998 3:05:00 AM
From: SkyDart  Read Replies (1) of 1634
 
Stephen,

Navr based at 2 1/2 just 2 months ago. What is fundamentally different now to justify a 3-fold increase?

Also, we had an unfilled GAP UP from 6 to 8 that appears likely to fill SOON. The MACD momentum has turned downward. IMO we will hit 6 before we go higher.

Good luck,

jeff

Addendum:

Sure, Music sells well, but we are dealing with a 3rd or 4th tier net stock; Lots of competition by bigger boys; ie CDNow and AMZN. After market retracements like we just had, people run scared and keep their money in the bigger caps and first tier nets; You'll see the 3rd and 4th tier go lower for awhile as people pull their money out of the dogs and cats and go back to MSFT, DELL, AMZN, YHOO, AOL. JMHO.
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