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Technology Stocks : eToys Inc. (ETYS) -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (609)8/9/1999 6:52:00 PM
From: Rajiv  Read Replies (1) | Respond to of 1330
 
Looks like a good time to Load up ETYS for the upcoming holidays, buy cheap sell high!!


In case you are interested in my thoughts on this -
ETYS can easily lose 50% of its current market cap between now and November. This will leave the longs bruised and frustrated. They will end up selling into all mild rallies in December. What is the use of a 20% pop if it goes down 50% first ?

Are you aware that 100+ million shares get freed from the lock-up restrictions in November?

I am sure there were lots of people who thought UBID was cheap at 90 (after all it was 180) - UBID went on to trade at sharply lower level (currently around 18).

Regards,
Rajiv