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Technology Stocks : Calico Commerce Inc-(CLIC) -- Ignore unavailable to you. Want to Upgrade?


To: Mike E. who wrote (334)1/19/2000 12:34:00 PM
From: Ahmad Sinno  Respond to of 457
 
Mike,

>>>CLIC - I still say when they are finished manipulating the stock to cover shorts it will do well and I am still invested in CLIC (even through yesterday afternoon's "event").

Not sure what this means. When short sellers cover, they buy the stock. Therefore, that would push the stock up not down. No ?

I too am long CLIC, although I have my finger on the trigger



To: Mike E. who wrote (334)1/19/2000 8:04:00 PM
From: John F Beule  Read Replies (1) | Respond to of 457
 
"manipulating the stock to cover shorts"

Hate to say this, but until you see strength at the close, will you see a progression upward. Until then, we will be testing lows.
I like this company (because of the money behind it), But I'm guessing we will see low 30's before high 40's. Main reason for the downtrend is no catalyst for a potential run-nup, earnings have already been released, and even though they are good (relatively speaking), there was nothing really to build on. What will move this stock (as related others have shown) is the Keirietsu(sp?) of Kleiner Perkins.
A lot of momentum folks are'nt waiting, that's why it's down. They don't have the patience...patience WILL win out on CLIC, but it'll test some stomachs first.

Hope this helps

John