Open Market (OMKT) Message Board

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Technology Stocks : Open Market (OMKT)

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To: Sonny who wrote (1078)	2/4/1999 5:37:00 PM
From: Rob	Read Replies (1) of 2004

OMKT has support at 12, but we'll be heading Up tomorrow. The overall market sold off hugely today (7th largest loss on the Nasdaq?) and OMKT hung onto most of its gains from the Lycos move. This stock is leaning North. I'm expecting a big push tomorrow that's concurrent with a snap-back in the general market and indicative of raised expectations for OMKT going forward in '99. The general market's selloff today was concentrated in the futures, not the cash, which means a small group of decision makers leaving the market in a hurry, not a general, contagious selloff. BTW, no sellers of OMKT on Instinet as I write this. They'd be there in droves if these earnings were received badly. Watch for a bid up in pre-market tomorrow morning. JMHO. Good luck. Rob

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