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Technology Stocks : Ask Jeeves,Inc-(Nasdaq-ASKJ) -- Ignore unavailable to you. Want to Upgrade?


To: Alan Buckley who wrote (157)11/12/1999 4:27:00 PM
From: FruJu  Read Replies (1) | Respond to of 838
 
It's almost impossible to predict these Internuts. ASKJ is getting very good at putting out the hype, I must admit. With their Thanksgiving day parade float being bandied about for the past 2 months in the news, they must have a great PR team.

However, based on today's action, I'd say it's obvious that this is a tremendous short squeeze (up 26.6% in one day on little over average volume is not heavy buying).

This stock will eventually and inevitably trade significantly lower (my prediction is sometime in the new year after the lockup ends).