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


To: WaveSeeker who wrote (554)7/31/1999 10:36:00 PM
From: Richard B. Haenisch  Read Replies (2) | Respond to of 1214
 
Waveseeker,

I certainly concur with your analysis, however, next week we're confronted with three more "telling" signs about the direction the fed may take on interest rates come Aug. 26.

Employment figures will dictate how "high" INIT could possibly go.

IF we even get "one" strong buy recommendation from any of the analysts and Interliant follows up with a well-timed press release, INIT could get the exposure necessary for a "very nice" run-up.

Keep in mind that market conditions have not been ideal and yet "ONE" positive economic indicator could propel INIT as well as the other July IPOs to new "dizzying heights".

Wishful thinking? Perhaps, but ABOV certainly wasn't a household name until it ran to over $100 in April.

Why not INIT?!

Rico

p.s. Waveseeker, your scenario is certainly the more rational one, but we are dealing with internet stocks, there is NOTHING rational about them!

p.s.s. keep an eye on EFNT, IMHO sure to follow in CMTN, COVD, JNPR and RBAKs footsteps! Count on it!

In on thursday at $37.5 (1,600 shares)