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Technology Stocks : Playing the *NEW* Phily Exchange Internet Index (.DOT)

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To: TWICK who wrote (5)12/12/1998 11:11:00 AM
From: FUZFO  Read Replies (1) of 25
 
TWICK, EGGS could easily go back to $6.00 I agree. Watching it trade I just don't like it here around 20. Sold 500 shares this week that I have been holding from 28 that got filled the way down on monday crash 2 weeks ago. Its ok though as EGGS will be my tax loss (albeit small) for the year, made a bundle with internets the previous week :-)). I have been following these favorites ONSL, EGGS, OMKT, AOL. Have not bought anything (internets) for 2 weeks since the blow-off top. I think this week if the market goes into Clinton gyrations it will shake up these internets a little. Will be looking to buy onsl in low 30's (1/2 position). THe .DOT should eventually serve to stabilize these prices a little, and also provide some solid bottoms where institutions just wont pass them up, but I don't think the index has enough following yet. as always jmo
Fuzfo
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