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

To: Doo who wrote (1332)	4/16/1998 8:34:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 3183

yep that is right...even with all those baby blocks... avg trade around 600 blocks about 1/2 the trading day gone 2 blocks on an uptick 6 on a downtick I guess we will see what transpires......... and oh yeah..............pump'em and dump'em can happen in ALL stocks.... you know the ol' adage.....sell on the upgrade...buy on the downgrade.. well....except that little stock that lopped of quite a bit of market cap today and started lawsuits rolling even before the day was out... and I wonder if the son of an institution dude would have bought him a bunch of shares today to hold overnight for earnings.... NO WAY if you are going to buy be smart and wait to see what happens with earnings....and buy the next day.... and if you really want to see something ask someone who has a bloomberg to take a look at the stock for you... doesnt mean the stock will go down....because this is a hypster stock... even the merrill analyst issue cautionary warnings about buying like people have been...

To: Doo who wrote (1332)	4/16/1998 8:37:00 PM
From: kimberley	Read Replies (2) \| Respond to of 3183

Jeffry, Lisa... moneyflow was positive for today. avg. trade is over $50k. if you want to analyze whether today was abnormal with respect to block movement, you'll have to look at the % of block trades and compare that to the avg. % block trades for about the last 3 months. I've got the info but I'm not inclined to sit up all night figuring it, and I don't think it will forecast tomorrows movement anyway. The stock is trading down afterhours, but still up from yesterdays close, so it's hard to make any judgement from that. People who shorted near the high tomorrow should be able to cover at a profit... I don't know how longs will fare, but surely not that many people came in and bought their first shares at 90+, so hopefully if anyone takes a long loss, they will have previous gains to offset it. On the other hand, it could go to 100 tomorrow. Who knows? Good trading, everyone. best, kim