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Technology Stocks : WebTrends Corporation [WEBT] -- Ignore unavailable to you. Want to Upgrade?


To: AJ Berger who wrote (415)6/11/1999 3:41:00 PM
From: tejek  Respond to of 614
 
Thanks for your response. I hope you are right and webt drops below $30 again. However i think the worst of its correction is over. But i, too, will not buy until the ppi figures come out next week. The markets are too skittish.



To: AJ Berger who wrote (415)6/11/1999 4:14:00 PM
From: garrick le  Respond to of 614
 
Well,this is your last chance to buy WEBT in the low 30s,IMO.
I think the way it looks WEBT is heading to 40 next week.
Amazing strength in a down market.WEBT breaks past key resistance
at 32 today,next stop is 35,then 40.

GL



To: AJ Berger who wrote (415)6/12/1999 9:01:00 AM
From: Bill Hardison  Read Replies (1) | Respond to of 614
 
Based on my read of the chart I don't think we'll see WEBT trading south of 30 any time soon. Too much underlying strength.

I think the strength comes from the smart money that is bailing on the metoo.coms and going into companies that dominate their fields and/or have some visibility on earnings. Also the secondary gives them a pretty good reservoir of cash they can put to work for us.