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

To: K John who wrote (339)	8/24/1999 7:47:00 PM
From: LTK007	Read Replies (1) \| Respond to of 1080

Actually K.John,I wish I knew for sure,these stocks like RBAK JNPR BRCD CMTN are so turn on a dime,as I say both longs and shorts have to be on edge. The key,of course is the sector(the sector called "they are red hot":)--PHCM did pull a little from it's high today but drat it looks like it could blow through 150 in a twink if the market doesn't have a sell-off. I feel when a stock gets like this the buyers are being driven by a split play--they figure the faster they get it up the faster a split is announced and that even drives it more. I am not going to be able to be at my computer tomorrow so I won't do anything. But I do repeat,this is one that one need keep a 5% stop-loss on,be you long or short.Good Luck,Max