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


To: Richard B. Haenisch who wrote (589)8/3/1999 9:43:00 PM
From: AlienTech  Respond to of 1214
 
Digital Island (ISLD) 16 3/8 -2 11/16 --correction--: provider of network services for globalizing e-Business applications reports a Q3 loss of $0.40 per share (using current 35.5 mln shares outstanding), seven cents narrower than the $0.47 loss expected by two analysts surveyed by First Call; revenue rose to $3.7 mln, up 53% sequentially and 410% yr/yr; see press release....



To: Richard B. Haenisch who wrote (589)8/3/1999 10:44:00 PM
From: Mark The Trader  Read Replies (2) | Respond to of 1214
 
Market downturns often create great buying opportunities at some point . I would pick up more INIT down in the $ 15 range . I had traded this stock quite a bit until I purchased some @ $ 20 3/4 , those shares I
held while purchasing more @ $ 16.75 . I sold all but a small amount last week @ $ 19.25 . Normally I would not hold these IPO's for more then a day but I though the stock had potential to trade into the mid 20's when I held the shares I bought @ $ 20 3/4 .
So my new strategy was to average down , and sell @ a breakeven which I did. So I am thinking that the stock could trade down into that $ 15
range before Friday , and I would purchase a small position in that range . If I see the market turn up on Good Employment news I buy more
however I am back to my day trading strategy that I used when I first started trading this stock and did quite well.
I am also watching AOL and some of the Large cap Internets , they are getting oversold .
Ok I babbling :-]

Mark