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Technology Stocks : FNCM Finet.Com

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To: fiberman who wrote (1475)5/17/1999 1:18:00 AM
From: LT  Read Replies (1) of 2420
 
I guess buy the rumor, sell the news stratgey was practiced by a lot of day traders today on this stock.

You may be right there, but it's not real important. The important thing isn't the share price at this specific juncture, but rather the idea that FNHC is now set with a portal and a record of being in the business and making money in the sector, now.

This puts FNHC in a position to "compete" when the E Loan IPO hits the market. When the sector heats up FNHC will heat up with it.

Wait and see :)))

JMHO of course......

LT
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