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

To: Satch77 who wrote (234)	8/11/1998 3:35:00 PM
From: Tae Spam Kim	Read Replies (1) \| Respond to of 316

I think GeoCities can be a great short term play. Kind of like a supply demand play like Amazon.com. The people who sold this morning were the flippers, so most of the flippers are gone. The insiders can't sell for 6 months. So all that is left is mainly buyers, institutions and the like. And if the stock continues to go upwards - they will hold. These players don't want to miss out on another internet ride (a la excite, yahoo, amazon, lycos) etc. We could be seeing 80 in 3 months. Who knows. Very much a speculative bet, but I think a good one. Especially with the insider 6 month rule. Pure supply and demand. There are going to be more buyers and sellers. -Tae