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Technology Stocks : FNCM Finet.Com

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To: Lucky888 who wrote (106)2/12/1999 2:32:00 PM
From: Johnny-boy  Read Replies (2) of 2420
 
You're absolutely right-on. Even if all the hype proves to be true (it won't) the price will pull back substantially on declining volume in the days ahead. We've already seen this pattern over the past week because the "news" was already in the stock price. In truth, this company has had a great story since Spring of '97 (when I first bought-in) and has COMPLETELY FAILED to deliver. Those of you who think that the entire history of this company can be erased just because of a web deal and a "Marketwatch" article are ignoring the past. If this stock keeps going up, it will only be because of a herd mentality of traders who don't understand (or choose to ignore) the fundamentals of FNHC's business, competition, its risks and limitations.

Good luck to all.
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