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Technology Stocks : SEVL

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To: James Veteto who wrote (257)3/6/1999 1:44:00 PM
From: Mark The Trader  Read Replies (1) of 703
 
Unfourtunatly its seems to be "hype" that is the predominate factor used to value Internet stocks. I think its totally crazy but thats the current trend, just look at E-Bay !!!! I would be quite surprised if this stock did not open very strong on Monday . However for those people on this thread putting pie in the sky price targets as their exit points , think it through a bit , if you do that you can end up having a winner turn into a loser as the stock not only misses your target but then falls substantially. Usually on the trading day after a big run up a stock will trade up strong for the first 30 minutes to an hour , and then sell off.

Mark
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