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Technology Stocks : Network Solutions (NSOL) -- Ignore unavailable to you. Want to Upgrade?

To: JimNewby who wrote (120)	7/30/1998 10:24:00 PM
From: Daniel Ray	Read Replies (2) \| Respond to of 1377

From an article on ZDNet: <<Then why are [NSOL] shares falling? "It's all retail, with the largest block of shares selling at about 4,000," said Paine Webber analyst Paul Merenbloom, who has a "buy" rating on the stock. Retailers think they are being smart by buying on the rumor and selling on the news, said Merenbloom.>> Buy the rumor and sell the news is generally a good practice in my experience. But perhaps with the great popularity of momentum investing we begin to see retail investors outsmart themselves. I wonder how many bought high and sold low? Or shorted the drop at 36 to find themselves just below their stop loss on a stock they are 'sure' will drop again. Anyway, this one sure is volatile for what seems to be a conservative, well-run, unique and fast-growing company. Of course I am still long . . . couldn't you tell?! Holding for the long term . . . I guess I'm a retail guy who thinks he's an institution!