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Technology Stocks : CommTouch (CTCH) : a futur Media Metrix Top 10 ? -- Ignore unavailable to you. Want to Upgrade?


To: Robert Frisbee who wrote (208)10/11/1999 4:26:00 PM
From: Robert Rose  Read Replies (2) | Respond to of 420
 
For those who want the punch line without reading the leadins, here's today's trading recap:

Up 41%, highest trading volume since ipo day.

Congrats to all us longs! And to think dissemination and digestion of the msft news is still to come! And to think the chtr ipo is just around the corner!

Only once have I ever held more shares in a single company, Just like the good old days: ebay late '98, gnet early '99, cmgi early '99. Incredible!



To: Robert Frisbee who wrote (208)10/11/1999 4:48:00 PM
From: yzfool  Read Replies (1) | Respond to of 420
 
Important to see the very bullish finish on increasing volume which bodes well for tomorrow. This is non-characteristic of day trading activity supporting today's action which usually ends the day in profit taking.

Some earlier investors have been spoiled by buying opps due to lagging share price as low as ~9.5. This was a fluke, and a perfect example of "buying where they aint"(if you bought) because CTCH got lost in the deluge of IPO's, among other things.

In view of today's placement on radar, small float, along with new partnership announcement, promising earnings report pending, and re-awakening net sector/small caps and mid caps, we are still in buy territory at current levels which CTCH should have attained and maintained weeks ago. Just thinking out loud, YZ.