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Technology Stocks : Interliant, Inc. (INIT) -- Ignore unavailable to you. Want to Upgrade?


To: Bob Kim who wrote (511)7/28/1999 11:32:00 PM
From: U Up U Down  Respond to of 1214
 
Of course, sell. No price target. INIT is a bit of water buffalo
dung<g>



To: Bob Kim who wrote (511)7/28/1999 11:38:00 PM
From: Steve Yuan  Read Replies (1) | Respond to of 1214
 
Bob,

I do not follow Blodget that much. I just know that he got his fame by his $400 (pre-split) target for amzn. He knows how to play the momentum game. Hopefully some momentum players will follow him to INIT.

As to his performance on stock price, he warned about the decline of AOL price while he said some kind words about AOL. I guess that is the best he can do. The message between lines is to sell, I guess.

I can understand why he remains bullish on AOL. But he really should dump his puppy AMZN. Bezos has kept his story alive by keeping adding new categories so he can boast revenue increases. Now he has almost exhausted his selling list, from books, to videos, to toys and electronics. The end of story about amzn may come sooner than expected.

Steve