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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD) -- Ignore unavailable to you. Want to Upgrade?


To: Magic RN who wrote (315)8/9/1999 2:34:00 PM
From: Blue Snowshoe  Respond to of 1884
 
Howdy Carole, Nice to know there is someone out there.
I think that ISLD has put in a bottom here and will move towards and through 20. Most new issues got shot when the market turned and that is what happened with ISLD.
I really believe this whole sell off was/is market manipulation. First this rate hike stuff is fecal matter. No person knows what Greenspan and the FOMC will bring as the last meeting proved. Also I doubt Greenspan wants to be remembered as the guy who killed the market soon after Rubin left. Most world markets were down last night due to a US rate hike fears, that should tell them to think twice before they raise again.
As for ISLD, I always remember why I bought a stock before I sell, so I'm holding. ISLD beat the street, they are in a progressive business and they are growing.
As for the next few weeks, IMO the markets will be in a trading range while the market manipulators use greed and fear to get what they want. After they have scared enough people into selling we will move higher, after they have the shares they want. BLUE



To: Magic RN who wrote (315)8/10/1999 12:04:00 AM
From: johnsto1  Read Replies (1) | Respond to of 1884
 
magic...you and me both...shouldn't of held that friday before earnings...bummer...someone said 2 announcements coming this week...holding my breath.