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Technology Stocks : DoubleClick Inc (DCLK)
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To: Sanjay Varma who wrote (1244)4/2/1999 5:27:00 PM
From: zalesky  Read Replies (1) of 2902
 
To Varma: Either strategy (trading or holding) could
still be a viable option with DCLK. I've made in excess
of 10K in this company since I began trading it in
January. I know its tough to hold these internet plays
when the volatility is of such tremendous magnitudes.
I guess it depends on how much time you have to devote
to the market. If you have the ability to watch the
ticker for most of the day then I think trading DCLK
could work very well. However, with the float still at
insignificant levels (now about 16 million shares) I
still think this stock could still make a significant
run after the split (earnings very soon). Anyway you
look at it you can't kick yourself for taking short
term profits in any stock. Sometimes for peace of mind
its the best move of them all. I've got a feeling, though
that the first real trading day of the second quarter
(very few pre-announcements) will be extremely positive.
Money managers have a fist full of cash they MUST put to
work for their clients and it usually spells a big POP
at the beginning of the new quarter. Remember also that
YHOO reports after the Bell on Wednesday which will
further strengthen the internet sector. The highway back
into the 100s does look VERY promising for DCLK this week.
Lets see what develops. Good Luck!!!
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