Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Jean M. Davies Schmith who wrote (81)	4/20/1998 9:58:00 PM
From: webstocker	Respond to of 128

There were two reason this stock moved UP today 1. It was recommended by a Analyst on Paul Kangas's NBR. 2. There was a press release announcing Microsoft agreement This company does internet/intranet for corporations. My guess is that they are not yet profitable. Did you check their PE before buying? I think investors are on internet bandwagon these days. You know what has happened to netscape after a big IPO....

To: Jean M. Davies Schmith who wrote (81)	4/21/1998 2:29:00 AM
From: Toby Zidle	Read Replies (2) \| Respond to of 128

Most stocks that make huge upside moves like this one follow that with a period of profit-taking and consolidation. Without diminishing the value of the company, my opinion is that the stock will drop tomorrow. In retrospect, I'm disappointed that I didn't take my profit at $27. I probably will sell if the stock bounces up there before succumbing to profit-taking. I'd buy back in around the $23-24 level, because over the LONG-term, this stock has not peaked. I'd hope for $30 within another 2-3 weeks.