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


To: UCLAlumnus who wrote (468)12/28/1998 3:28:00 PM
From: Norm Demers  Respond to of 987
 
Check out OMKT, MM's just dropped the price. Won't last for long.



To: UCLAlumnus who wrote (468)12/28/1998 4:25:00 PM
From: Arrow Hd.  Read Replies (2) | Respond to of 987
 
Regarding alliances, I would not be surprised to see another release
this week. In an earlier post I actually expected a quiet period
between the holidays with new announcements early next year but with
all of the attention SKYM is getting the company may want to keep up
the interest by releasing "statements of direction" and maybe a new
alliance. As I posted a few weeks ago they have hired many new
technical personnel to enhance their web capabilities and implement
their Internet infrastructure for other companies to use so that they
too can benefit from what SKYM has developed. Also, they have
hired an additional four marketing executives to go out and close more
alliances. I posted a summary of the October conference call in an
earlier post (way back at the beginning of the thread) which may be
helpful for those who are new here and have an interest in where
SKYM is going. I hope it doesn't retest the real lows since those
were below 3 but I think each day it will swing wildly. I think the
ability to short this stock is going to get more difficult. For
example, I believe a lot of stock is getting moved into cash accounts.
The larger brokers probably will become more restrictive on what a
client can do. And more and more stock will be accumulated for 1999
transactions. So the stair-step scenario discussed by Bo and S.W.
could very well play out here at least until next week.