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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999! -- Ignore unavailable to you. Want to Upgrade?

To: Still Rolling who wrote (831)	1/19/1998 5:04:00 PM
From: Keith J	Respond to of 3183

Sure, it's a good short term move. And sure, the engine market is frothy. I'm honestly only long XCIT because I'm short YHOO. Take a look at the capitalization differences between the two - it's nearly 6 to 1. And XCIT is only about 1 quarter behind YHOO on the revenue side, and will probably be less than that after they report the December quarter. And that's what the engine market is valued on, not earnings. My guess is that unless the engine market breaks down, XCIT will be pretty strong until earnings are announced (I'm thinking it could be buy the rumor, sell the news). I believe the technicals are very strong right now. I'd watch it, maybe put some stops in. Just my 2 cents worth. KJ

To: Still Rolling who wrote (831)	1/19/1998 10:55:00 PM
From: chirodoc	Read Replies (2) \| Respond to of 3183

<<<<<Question for Keith and other XCIT holders: Has anyone gotten cold feet over the long weekend? ..........my plan is to maintain my xcit position. but when the price rockets upward--i may sell 1/4 of my position and then buy some more when it drops. i do think this stock will be volatile. ........i think it is dangerous to sell the whole position when it could hit 50-70 this year. but it could also drop. ........... long term the internet is still undergoing explosive growth and the search engines are the first thing the eyeball sees--a good place to attract ad revenues.