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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: Ron Harvey who wrote (997)4/1/1999 10:20:00 AM
From: Ron Harvey  Read Replies (3) of 13157
 
<<. . . . I'd expect an initial bump up, a giveback of a chunk of today's huge gain, and some consolidation for a while. . . . Also, I think there's probably a safety net of sorts made of up potential buyers who regret not purchasing at the low 10's or high 9's.>>

Seems to be happening. No surprises yet. Those who think that news or sudden public awareness moved the stock are probably underestimating the power of momentum players and day traders to move a lower-priced stock that pushes through resistance into new high territory. They're quick to jump in and quick to jump out. Down the road a bit yesterday's action will probably repeat itself when IATV goes to new highs again.
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