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Technology Stocks : Open Market (OMKT)

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To: Trooper who wrote (998)1/29/1999 1:49:00 PM
From: JeanD  Read Replies (2) of 2004
 
Speaking from memory here (someone correct me if I am wrong). They tanked just before earnings last quarter due to an earnings warning, and - aside from their last run into the 20s at the end of Nov. during the big ecommerce rally, they've really hovered around this level. I've been waiting for them to recover the same way CKFR has, but as of yet it hasn't happened. I'd have to do more research, but I know CMGI and INTC both invested in OMKT and I think both purchased shares in the mid-teens.

If there is a Goldman Sachs customer who can verify the $90 price target, I'm sure we'd all appreciate it!

I have a pretty extensive watch list of internet stocks. Most of them have moved way up, except for OMKT. I repurchased a few weeks ago at 12 1/2. If institutional investors start taking notice, then we will be in great shape.

JD
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