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Technology Stocks : New Era of Networks (NEON) -- Ignore unavailable to you. Want to Upgrade?


To: Johnnie Memmonic who wrote (1088)3/29/2000 6:38:00 AM
From: ISOMAN  Respond to of 1222
 
You should have been here last summer when it was at $13...

Now that was Damage... from there $40 looked pretty good...

Actually, in August when it crashed it went from $40 at close and opened at $19 and change...

so I'd say that the run to $96 was just as exagerated as the crash to $13...

so $40 is most likly big time support, but never underestimate the power of the market makers...

It's like a wave. First it pulls back the tide to almost nothing, then it swells up sky high, then it comes crashing down, and the waterpools on the beach, level again....

Then the water recedes.......



To: Johnnie Memmonic who wrote (1088)3/29/2000 8:34:00 AM
From: Susan Saline  Read Replies (1) | Respond to of 1222
 
>>>Someone knows something and not telling?

I doubt it ... some cnbc talking head ... said they lowered their allocation by 5% or something on tech stocks .. and at the time .. the NAZ was already down ... NAZ then fell another 50 points. Sellers come in and sell anything that they are holding and have a have a profit on ... why do they sell ../panic/fear/loss of gain ... any number of reasons

talk about the heads timing .... ah well ... I am sure they didn't plan it taht way

NEON goes up and NEON goes down ... the Company is great!
The trend is excellent

but those bot at much higher prices must realize that NEON was very very oversold at 90

look at a chart ...

duh ... we were in the teens last summer

no stock goes straight up or straight down ... profit takers come in and money allocation shifts ... but the timing is much faster now, than it used to be ... give us a couple weeks ... for a +20 points or so

hang on to NEON ... accumulate small pieces at the sale prices ... she is a doll!