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Technology Stocks : SkyMall (SKYM)
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To: Street Walker who wrote (583)12/29/1998 11:44:00 AM
From: Tom Hua  Read Replies (1) of 987
 
SW, we'll likely see a 30 pts drop. This is a $4 stock last week. Once the daytraders are done playing, it's gonna drop big time. SHRP announced on 12/23 that its internet sales for Dec jumped 6-fold, following a huge increase in November and stock only went up 3 pts. By comparison, SKYM's internet sales for Dec increased 200% from a small figure. Sales for the entire holiday season fourth quarter only amounted to $ 1 MM. However, the company is very good at hyping, giving daytraders a chance to play.

Regards,

Tom
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