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Technology Stocks : Modem Media . Poppe Tyson (Nasdaq: MMPT)
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To: Pete who wrote (308)2/9/1999 11:01:00 PM
From: Toby Zidle  Read Replies (2) of 821
 
yes, Pete, we could see $38-39 tomorrow.

But if one attributes the plummet in MMPT to the dive in the market, then can you credit tomorrow's $38-39 to anything more than the market rebound? And if the rebound is a one-day wonder, where will that leave MMPT?

So if your prediction comes true, maybe we shouldn't be celebrating MMPT's return to almost $40. Maybe we should be looking for exit points instead!

Personally, I'd prefer to see a simple $1 gain on a day when the NASDAQ index drops 30 than to have the stock gain $8 when the NASDAQ index is up 100 points. The former tells me the stock has some inner strength. The latter tells me little.
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