SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INFOSEEK (GO) -- Ignore unavailable to you. Want to Upgrade?


To: OtherChap who wrote (2903)3/11/1998 4:11:00 PM
From: Steve Smith  Respond to of 9343
 
I mentioned ITVU 2 days ago here and it's up over 3 today on nearly 1 million shares.

Message 3649820

Another undiscovered internet stock is INFR. Might be worth a look.

steve



To: OtherChap who wrote (2903)3/11/1998 4:12:00 PM
From: joshi  Respond to of 9343
 
Whew! good thing the day is over. When all trading volume is selling, it does not take much to sink a stock. Hey, a couple of days ago we were at 23. Now look. 18.5. Thats a 20% correction from the High. Hmmm... That should do it. New support is 18. Shakeout occured. Althought I do not like corrections like this, it was needed. Hey 13 to 23 nonstop. The only thing that stinks now is that we have overhead resistance. Will be a while to get thru it but we will. My guess is that we finish at 19.5 by friday. I sure hope so. Good luck to all that held including myself. Tom is another day!



To: OtherChap who wrote (2903)3/11/1998 4:20:00 PM
From: Phil Jacobson  Read Replies (1) | Respond to of 9343
 
All,

I sold half at 19 5/8. Will sell the rest at the first sign of a downturn tomorrow. I know most everyone here's pretty bullish, but I won't be riding this down if the market suddenly decides these stocks are overvalued - I got in at 11 1/2 and want these profits to be locked in.

Internet stocks have been great to own for their profit, but we need to avoid getting greedy and pay attention to market psychology. That is after all what brought these stocks up so it can certainly be enough to bring them down.

On a pct basis we got hit the hardest today...SEEK was the last to go up, now the first to go down. Check out the numbers; YHOO barely got nicked and AOL's up.

SEEK - down 10.5%
XCIT - down 8.7%
LCOS - down 6.8%
YHOO - down 3.7%
AOL - UP 0.8%

Regards,

Phil