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Technology Stocks : Electronics Boutique (ELBO)

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To: Frederick Langford who wrote (92)12/7/1998 10:42:00 AM
From: brent gephart  Read Replies (1) of 779
 
PANIC. Lots of weak hands got in on the run up. The MM trade the stocks with wide bid/ask so when the weak hands get out on low volume days the stock will move down fast and cause others to get out as well. The stock has very low volume, if anything look for the bottom when the seller is done and buy the stock for a nice quick bounce back to 15 to 16. Just relax, and look for the bottom. We don't want them in the stock until it becomes a momentum play again and they buy it again at a higher price.

Brent
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