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Technology Stocks : SkyMall (SKYM) -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (325)12/28/1998 10:07:00 AM
From: Street Walker  Read Replies (1) | Respond to of 987
 
"each time the float is recycled the support level rises. that is why you see ebay rising from $26 to $300 in stair step fashion. and Ubid go up from $40 to $190 in a stair step fashion. SKYM is still on the first stair. as the float is recycled there will be shareholders who will simply not sell. which means the effective float decreases while demand increases."

Intra-day SHORTS will get squeeeezed. best go LONG


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