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


To: Senicko who wrote (606)8/4/1999 5:19:00 PM
From: AlienTech  Read Replies (2) | Respond to of 1214
 
All internet stocks are down big. Average internet stock is down 50% off the highs. Most are now down like 70-80%. EBAY was like 240, now 76. ELNK was over 100, now under 40. Quiet amazing. The only good thing in all this I see that institutions are loading up the boat. But they were huge sellers a few months back. So the hope that they will run it up once they get enough cheap shares keep me going.

I mean, I was wondering how they were going to show gains with yhoo/aol/amzn/ebay etc already up 1000%. Unless they went to 2000% which is kinda tough when you are talking 200-300 bil. Much easier to tank them to 500% and take them back to 1000%. Sure ho peveryones careful and stay in the game. If you get taken out then your losses become permenant.