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Technology Stocks : MODA Modacad (Nasdaq: IBUY) -- Ignore unavailable to you. Want to Upgrade?


To: Know Genius who wrote (344)12/3/1998 4:41:00 PM
From: Janice Shell  Read Replies (2) | Respond to of 409
 
Earlier this week you had a great deal to say about the "launch", set for Friday, of a new MODA website. But today you haven't been talking about it. Has it already happened--God knows they've got a LOT of sites--has it been postponed or abandoned, or is it still on?



To: Know Genius who wrote (344)12/3/1998 5:08:00 PM
From: Pancho Villa  Respond to of 409
 
Low grades. This guy is frequently full of it but he may have a point here. I am gonna go get the CD I am dying to try it...

Wrong! Dispatches from the Front: Skimming Off the Froth
By James Cramer
12/3/98 4:36 PM ET

We got to 9300 and everybody who liked it was in already. Now, we have to create worry -- Brazil, Japan, earnings -- to justify our selling. We have to see the continual unwinding of the .com complex before we can get to where we have to go.

Where is that? Where people feel that the good news is not in the stocks and buyers can can buy more. To where people feel like the froth is gone. Froth is hard to kill. I know that when I spoke negatively about the Fraud-U-Net complex yesterday on "Squawk" I had no idea that my life would be threatened and people would do everything they could to remove me as a guest from "Squawk." My mailbox was filled with people who wanted my head. Talk about taking this biz personally!

When it gets that personal, when people defend the day traders as little guys -- like this is some Frank Capra movie or something -- you can tell the run is too speculative.

So we take air out of the bubble. We get to more exciting levels to buyers. We let cash build a bit, and we start over with fundamentals reasserting themselves.

It happens every time. It will happen again.



To: Know Genius who wrote (344)12/3/1998 7:26:00 PM
From: Jeffrey S. Mitchell  Respond to of 409
 
OK. I just scanned Yahoo. I guess I have to learn that the investing world doesn't always revolve around SI (g).

- Jeff



To: Know Genius who wrote (344)12/4/1998 9:08:00 AM
From: Ted W.  Read Replies (2) | Respond to of 409
 
Low Grades,

Someone needs to tell Jeffrey to chill a little. I work for large Storage Systems provider (the Largest actually) and there is a ton of insider selling, not because the stock sucks but because allot of the execs get impatient for big movements. What Jeffrey needs to remember is, many of these insider types have been there since the company was a coffee house idea with a business plan written on a cocktail napkin. These guys are ready to take a little profit even if it means missing some upside. Hang in there buddy, as you said "your money is where your mouth is"
I just wish IDTC would snap back, what a disapointing turn of events this last week