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Technology Stocks : Icon CMT Corp. (ICMT) -- Ignore unavailable to you. Want to Upgrade?


To: Maxwell Fashola who wrote (74)4/15/1998 8:53:00 PM
From: MONTHY22  Read Replies (1) | Respond to of 128
 
Actually, a quiet thread is quite bullish, especially with new highs!

Also did you notice the higher and higher lows on the daily chart, right before it took-off. I've seen this pattern on a lot of stocks that subsequently had large moves upward.



To: Maxwell Fashola who wrote (74)4/17/1998 3:35:00 AM
From: Toby Zidle  Respond to of 128
 
I bought ICMT some weeks back (but considerably above the IPO price) because I hadn't been invested in any Internet stocks and I was looking for one at a reasonable price. I didn't want to pay in the high two figures for a Yahoo, an Amazon.com, a Lycos, or an Infoseek. Yes, ICMT seemed like a reasonable priced stock with a lot of potential to become an unreasonably priced stock.

Why is it the the Yahoos et al have moved up 30-50% in price in the last few weeks and while ICMT is appreciating, its growth rate is comparatively glacial? Does anyone want to offer a suggestion about this?