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Technology Stocks : Ariba Technologies (Nasdaq-ARBA) -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (215)8/3/1999 4:48:00 PM
From: Patsy Collins  Read Replies (2) | Respond to of 2110
 
Let's see!

ARBA offers shares at 23, closed at 90 the first day. Then got to 138.0625.

The Fibo ratios tell us that the 23% retracement is 110.91 (we paused around here during the downturn). The 38% is 94.11 (again a pause), then 50% at 80.53 (today) and hopefully not, the dreaded 62% at 66.95.

Note that ARBA opened it's post-IPO trading at 61.

Hope this helps your decision.


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