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Technology Stocks : Audible Inc-(Nadaq-ADBL) -- Ignore unavailable to you. Want to Upgrade?


To: AlienTech who wrote (73)7/31/1999 12:57:00 AM
From: -Mad-Jon  Read Replies (1) | Respond to of 165
 
This stock has established a nice range already with a high resistance point...and we're still in the QP.

It got slammed along with all the music stocks as the whole internet sector got whacked in the last couple weeks.

There may be a lingering reluctance to move back into music/audio content stocks on the part of the MMs until the "necessities" start to recover first - chips, infostructure, b2bs.

After everything starts to get more fully priced, there should be nice recovery for the "non-essentials," IMHO.

Let's hope for counter-inflationary, high-productivity economic reports this coming week.