SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : BIDS - killer app.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerry B. who wrote (42)4/19/1999 10:18:00 PM
From: F. Evans   of 97
 
Jerry, glad you asked......

I personally think that the selling has to end. In fact, I'm betting on a nice reversal of fortunes tomorrow. For starters, when the market tanks like this, people start looking for some under priced stocks. Personally, I think BIDS is one of them, relative to the other stocks in the sector. If the public takes well to Godin's interview tomorrow on CNBC, then we can see a nice little run on BIDS.

Nasdaq lost about 8% since last week....might be a tad bit oversold in my opinion. Worry warts will dump first thing tomorrow but we can see a nice little rebound. Remember, a lot of shorts have entered the game now and if we do see a run, their need to take cover could prove to be the nice little push we need.

Frank
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext