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Technology Stocks : Gric Communications, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Temarken who wrote (13)1/3/2000 8:06:00 PM
From: Rupert  Read Replies (2) | Respond to of 59
 
I guess it's just you and me Tim :) ....I'm stunned at the wonderful move today. No stock that I've ever tracked, let alone owned, has ever gone up 130% in one day. Just stared at the print with my tongue hanging out. It got several mentions on CNBC too. Today was like surfing on a wave that kept building and building, just when you thought it was starting to dip, it blasted higher again. I liked how we went up at the end of the day instead of dipping...once they found the stock, looks like at least some people weren't too interested in selling. I think the beauty of this deal is the market cap..at just over $1 billion...it's not out of control yet IMO. I think people who are looking at GRIC will be impressed by the quality of the company, the customers (AOL, etc), the partnerships, and the likely news stream. And I'm still intrigued by the investment NOK made in them.

No idea where this is heading short term but I'm holding firm at this point for the above reasons, so obviously I think it can go higher. And recent IPOs that I stopped out of too soon, like SWCM and IIJI that quadrupled from their opening prices, are still very fresh in my mind. Any comments?