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To: SteveJerseyShore who wrote (195)7/2/1999 1:24:00 PM
From: HungryMan  Read Replies (1) | Respond to of 977
 
So I take it you see a huge dip by the end of the day? Maybe I will sell, and then come back in on Tuesday. (market closed Monday) .. Good luck.

-- Hungry



To: SteveJerseyShore who wrote (195)7/2/1999 1:30:00 PM
From: Mike Fredericks  Read Replies (2) | Respond to of 977
 
People will split early today for long weekend. Lock in your profits today,don't get greedy. You can always buy back in. 3 day hold is a long time.Play it safe.

Steve-

Disagree with you, in that I think people already have split for the weekend. My e-mail to folks has largely gone unanswered (business stuff, not investing stuff). The stock has stayed flat for hours. If you bailed at 54, pat yourself on the back. If not, well, I don't see the stock doing much of anything over the next 2.5 hours. Maybe drift up a point, maybe drift down a point, but I don't see a 50% retracement today or anything like that.

If you sell today you risk market action Tues am like the first 30 minutes this morning. This isn't a stock where some terrible news is going to come out over the weekend.

Yesterday and today people realized that if the stock had IPO'ed this week, it would have closed at 70+. It's still under 50. I think that the stock will continue to run up to the level of an ASKJ and then drift for a while. The thing Goto has that few other nets have is the potential to turn a profit right away. The marketing costs are lower than everyone else's. How many dollars does AMZN spend on advertising? BN.Com? Goto is the only search engine affiliate program that can pay cash money per query to its customers because (gasp) it's the only search engine that MAKES enough money per query to do that.

Just my opinions...

-Mike