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Technology Stocks : Beyond.com (BYND) the NEW software.net....
BYND 1.385+16.4%Nov 7 9:30 AM EST

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To: Jon Tara who wrote (102)1/21/1999 11:27:00 PM
From: DAPerez  Read Replies (1) of 422
 
<< Any further downside action could be worrisome, however.>>

Jon, my esteemed BYND colleague:

THAT IS MY POINT...

Im not in search of NRVNA, but merely a stock that patterns itself like others in its sector (if it is to be considered as a 1st tier net stock.)

Yes, Im familiar with the charts. No, I do not particularly care much for the "matricies de jour" which might help shed light on an erratic trading pattern.

Given the fact that the co. reported less than stellar earnings, in the midst of this minor meltdown of likely the most volatile stock sector ever seen since the beginning of man, is what I find most troublesome.

Ive stayed with this stock during the majority of ups and downs you chronicled and have come to the personal conclusion that, all breakout from a symmetrical triangle aside, this company is in for more of the same punishment near term, along with many others that I choose not to name on this thread.

I will be long this stock again but feel now is not the time to "stay the course."

Regards,

DAP
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