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Technology Stocks : Phone.com [PHCM] -- Ignore unavailable to you. Want to Upgrade?

To: RDR who wrote (273)	8/16/1999 3:25:00 PM
From: ynot	Respond to of 1080

you have been decieved somehow, imho when this breaches $102.50 $90 is next, then as close to resistance near $45 personally, i wouldn't care about your opinion, just the fact that there may be longs out there who might not dd gets me excited ynot ;)

To: RDR who wrote (273)	8/16/1999 8:11:00 PM
From: Mark Oliver	Respond to of 1080

Good on you Ripu. I missed owning some good stocks because they always seemed too expensive. Certainly, having this company close at new highs everyday and on volume must mean something to these people, but even if it doesn't there is the basic underlying issue that this market is huge and there aren't too many killer investments to play. Supply and demand of shares in phcm means that it must go up as long as people think a cell phone will use a WAP based Internet connection and they want to be invested in it. I think that the company must go to a split at some point because it will free up some of the wild side of trading this company. I also believe the market makers have taken this one for a ride and for the moment, they are behind seeing it rise. When we saw much lighter volume everyday, they often took the shares through fast rises and falls to the take out stop orders. Clearly there is great risk that you could buy it cheaper later and for that I would keep some cash at hand, but it's just as likely to continue it's upward momentum a little longer as the market in general starts to wonder why this company is doing so well and takes a look at their breath taking new market potential. No matter what, the long term investing picture is looking very favorable regardless of daily price swings. Regards, Mark PS Very bored by these bears and their predictions. Most of them have nothing of value to add, just a hope that they can strengthen their short position by muddying the waters. Please you guys, build a story on something better. Find some better place to pass your day trading anxiety. Aren't there threads where you can do that, or perhaps support groups? We had a nice exchange going here where we discussed technology and all these short day trading posts are becoming a bit tiresome.