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


To: chirodoc who wrote (1366)4/16/1998 9:56:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 3183
 
thats good advice

its called selling 1/2 the position and letting the rest ride.....

or in your case

an even smaller amount and the rest of your trade is free...



To: chirodoc who wrote (1366)4/16/1998 11:26:00 PM
From: The Vinman  Read Replies (1) | Respond to of 3183
 
<<big run up>>

Stock was at 50 last week, when is the big run up? XCIT is poised for a big run down. A stock that has run up from 50 to 90 in a week and actually reported a loss of .28(worse than last year) is going south. Venture capitalists are selling over 1 million shares. YHOO will go with them. These stocks are pure hype at this point, and analysts will have a hard time convincing anyone to buy them at these nose bleed levels. "Hi, this is your broker, I think you should buy YHOO, it's a great value at 1200 times earnings. It has a $7 Billion in market cap with about $100 million in rev's, a great value." A number of people have made a lot of money on these stocks, but MANY will get fried that bought in for the long term at these levels.

Vinman



To: chirodoc who wrote (1366)4/16/1998 11:55:00 PM
From: RumKola  Read Replies (1) | Respond to of 3183
 
Chirodoc

Glad to see you back posting on this thread! And, as usual, you have good suggestions. Sure is tough to come here and see 85 postings of crap.

JDP



To: chirodoc who wrote (1366)4/20/1998 5:07:00 AM
From: DAY TRADER  Read Replies (1) | Respond to of 3183
 
Hey chirodoc, long time no talk,
I have been off the threads for a while,
too busy spending all that money I made on options, not

I made a ton of money on calls with YHOO and XCIT

But now I see a big correction coming for XCIT, SEEK, YHOO
and LCOS after that big and insane run-up

I could have made more, but was afraid the stock would correct,

but was glad I got out after Fridays rout of the sector.

May buy some May or June Puts on Monday, if I can get
in at a reasonable price before the puts are priced into
the stratosphere.

Good LUck!

DT