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


To: Smiley who wrote (568)12/20/1998 7:05:00 PM
From: TWICK  Respond to of 1932
 
Ahhh. The truth is starting to come out. Hehe. Long on COOL, but no FOOL. ROFLMAO !!!!

TWICK



To: Smiley who wrote (568)12/20/1998 7:10:00 PM
From: Stephen  Read Replies (2) | Respond to of 1932
 
Joe, some people may bail to just get out with their money ... it depends on the timing over the next few days. Whilst I am not a long term holder of my total position, I will be holding on to 25% and let it ride as I think this company has a lot going for it and the positive news events over the next period are unpredictable as to timing. Some people bailed on Friday at 3.30 pm ... as the price went from 32.25 to 30 in fairly short time. This was a mistake as more buyers were on the sidelines and quickly came in to dirve it back up ... with some decent bids to the close of 31.625. Theres a bunch of folks kicking themselves right now looking to get back in on weakness. Same thing can happen next week....its likely to be something of a roller-coaster. However, the trend is so strong with the stocks with news that it appears best to just hang-on and ignore the intra-day moves (CMGI/AMZN/NSOL/UBID etc) cause trying to time it can seriously damage your wealth !!. I am also looking for a boost from the shorts ... who must be a little perturbed at this time.

As for the reporting period, I regard that as an advantage ... we know they had a record on Thanksgiving .... and the company can say with a lot of confidence that the next qtr report is also going to be stellar by comparison because it has Decembers business. Any e-commerce company that reports at the end of December is going to have a much more difficult time come the March end qtr comparison.
Additionally, all these e-commerce companies are going to boost each other as, one by one, they report good figures. COOL is right at the start of the process ... think how many times investors will be looking for a sympathy play such as COOL.

All in all ... COOL is the place to be right now ........imho anyway. Despite what I have said, we all need to make our own decisions and be comfortable with what we are doing - so if you prefer the bird in the hand to the 2, 3, 5, 8 birds or whatever are in the bush (its a saying), there's nothing wrong with that.

Good luck all

Stephen