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Technology Stocks : SkyMall (SKYM)
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To: Street Walker who wrote (587)12/29/1998 12:01:00 PM
From: Tom Hua  Read Replies (1) of 987
 
I and many others are buying

SW, I don't see "many others" buying and holding. The wise ones know the game being played and take profits while they're still available. It's not like SKYM is a pure internet issue. It has only $2 MM in internet sales in 1998, and the CEO projects they'll do about $5 MM next year. Hardly exciting. When this internet frenzy loses its glitter, SKYM will fall back to single digits. Wait a few days and you'll likely see that the CEO has dumped many shares himself.

Regards,

Tom
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