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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Susan G who wrote (27149)3/12/1999 11:17:00 AM
From: ayahuasca  Read Replies (1) of 120523
 
<<Wait until after today on DCLK. It is WAY to high to buy right now, it
will come down next week and the run till the split. Buy only for a
longer hold - not a few days.>>

Susan, as you know I am a big fan of DCLK so I am a bit biased but I dont necessarily agree with the above. I think it depends in large part on the NASDAQ itself next week. If the market is strong, DCLK could continue to run for a few days before settling back. I agree that it wont go up in a straight line before the split but I think it could run to 135-140 by the end of next week if we have a good market. I think it will then retreat to the 120-128 level before beginning its run to the split. I fully expect DCLK to be at 150 at least by the time it splits. After all CNET and GNET both doubled in about week running up to split time. DCLK could get to 200 but I am not comfortable predicting that. I certainly hope it happens though.
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