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Technology Stocks : Cyberian Outpost (Symbol: COOL) -- Ignore unavailable to you. Want to Upgrade?


To: CGarcia who wrote (348)11/30/1998 5:57:00 PM
From: Stephen M. DeMoss  Read Replies (2) | Respond to of 1932
 
Today's action in Cool was dissapointing yet predictable. All internet stocks correct shortly after all major earnings reports are in. Then after a 30-50% correction, they slowly begin rising leading to the next report. During reporting season, they move up 30-300% and then decline again. I personally think Cool can go as low as 17-20. However, I will load up on it heavily. Of all the internet stocks, there is as much exciting happening with Cool as any of them. They have 65 million in cash from the IPO. Since there is only 4 million shares, they could buy back all their shares at 161/4. They are directed to by AOL as soon as you log on and the CFO is exhuberant about where they are at and where they are going. Having said all that, it is correcting with the others. I believe it may go down another 8-10 points but will also see 50 at least by January when they report. Steve D.



To: CGarcia who wrote (348)12/1/1998 12:47:00 AM
From: leebo  Read Replies (1) | Respond to of 1932
 
$100 by January? Do you mean 1999?