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


To: Brasco One who wrote (717)10/28/1999 4:21:00 PM
From: eDollar.com  Read Replies (1) | Respond to of 1884
 
>>people here don't sell. if it goes 60, they'll wait for
160.<<

Is it not possible to hit 160. Why not?
This was a junkolla at 40 right?



To: Brasco One who wrote (717)10/28/1999 6:16:00 PM
From: Kimberly Lee  Read Replies (1) | Respond to of 1884
 
not really. I sold 1/2 between 52 and 53 1/2 on Tuesday, fully expecting a pullback and consolidation. Bought back all the shares plus more yesterday around the fibonacci 37.5 retracement point (between 42 1/2 to 43 1/4).

Right now I am not in any hurry to take profit yet. The momentum is as strong as ever, the AKAM story has yet fully unfolded, and I feel ISLD and Sandpiper have more positive announcements to make. Without any question, the two companies have orchestrated this whole event fairly carefully. The fact that they picked the week that coincides with Akamai's debut is no coincidence.

If and when I feel the momentum beginning to stall, or ISLD reaches my revised target of $75, I would not hesitate to take some profit off the table again (unless my technical indicators are still strong at that juncture. in that case, I will make another upward revision of my price target).