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Technology Stocks : Vantive Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Sommers who wrote (2169)	7/2/1998 11:03:00 AM
From: Melissa McAuliffe	Read Replies (2) \| Respond to of 3033

Sommers, It's not buyers moving in. It's a few people buying the stock. It takes volume to move prices. Stocks don't always go straight up. They don't always go straight down. Up a little...down a little...but the trend right now is down...not up. Last year I owned scop. Watched it go from 22 to 18 in one day. And it had started in a downtrend prior to this just like vntv did. Thought it couldn't go lower...nope...no way.Watched it just keep going down. Watched it go to 11 within a week or so. You can't know how low a stock can go until it goes there. Why buy vntv now? If you believe there's nothing going on (which no one knows for sure) then this stock will be back to 25 again soon. Why not wait until the trend reverses. Give up a few points maybe but don't risk the downside. Or buy some calls. As I said, they're cheap right now and your risk is minimal. Stocks just usually don't have this kind of action for absolutely no reason at all. It's just that we don't know the reason right now. I hope I'm wrong but that's why I won't buy right now. Don't assume there's no expected disappointment just because they didn't preannounce and you read it on this thread from people who do not have access to inside information. If they did, they couldn't post it here anyway. Good luck. Melissa