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Technology Stocks : SEVL

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To: William Casteel who wrote (479)3/8/1999 5:58:00 PM
From: Mark The Trader  Read Replies (1) of 703
 
Tough call , I think any gaps up in the morning at this point could get sold off . You need another news story for another big rally up.
All this positive news is great but in the short term its still "hype" , but then it is hype that fuels all the Internet stocks.
I looked at the financials , they are not very good , hmm do any Internet stocks have great financials to support their price??? :-] . Still for a short term trade this was and still could be a great trading stock.
Although I am not as positive on this stock as I was Friday , I would not risk going short either. At this point the risk/reward level is to risky for me either way :-]

Mark
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