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

To: David L. who wrote (1298)	4/16/1998 5:53:00 PM
From: purecntry5	Read Replies (2) \| Respond to of 3183

short idiots?? I been long until I saw the tide change. I just went short today and its looking like I will win both ways. I would even go so far as to say the REAL idiots were going long today! €á

To: David L. who wrote (1298)	4/16/1998 5:58:00 PM
From: The Vinman	Read Replies (1) \| Respond to of 3183

<<has little to do with earnings multiples>> That statement alone is a great example of the irrational buying that has entered into this sector. Investors use the idiotic argument that this all about the future. Sooner or later, earnings will have to justify prices or these stocks will get slaughtered. XCIT still LOST .28, more than they lost last year, I am not impressed with that...the shorts will have their day in the sun in this sector, don't fool yourself that these are good long term buys, the buy and hold in this sector will pay dearly...easy to be optimistic when they are going through the roof. Vinman