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Technology Stocks : Multiple Zones (MZON) -- Ignore unavailable to you. Want to Upgrade?


To: Lord Smooth who wrote (62)12/2/1998 3:54:00 PM
From: Vic Glassley  Read Replies (1) | Respond to of 475
 
This is from a longer article on the Ubid IPO by Reuters, but I think it applies to MZON as well.

"Online retail is a hot area these days. The largest online retail category in the U.S. is expected to be computers and consumer electronics -- an industry that is forecasted to grow to $10.5 billion by 2002, according to Jupiter Communications."



To: Lord Smooth who wrote (62)12/2/1998 5:27:00 PM
From: J. Stone  Read Replies (1) | Respond to of 475
 
>>Will average down at 8 if it gets that far.<<

Looks like you'll be seeing this real soon. MZON was weak today, and the spreads are getting bigger. The market makers don't seem to feel there's much life in this pup.

If tomorrow is like today, I wouldn't at all be surprised to see MZON back at $5. Very little buying, and lots of selling...

regards,

JS