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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS -- Ignore unavailable to you. Want to Upgrade?


To: TTOSBT who wrote (3114)1/4/1999 2:27:00 PM
From: Sonny  Read Replies (1) | Respond to of 4613
 
> Re: "Yahoooooo to CBS connection to AMZN via SPLN ....

> biz.yahoo.com

> Ok so then why is the stock starting to tank?

> TTOSBT

Its nothing but due to the stepping-back of the major buyers for a short duration to let the daytraders exit, imho; (they know they can buy it slowly too :-) ; hence, as soon as they step back, lunch etc., the nervous daytraders start exiting imo).

For the long-term watcher long, its as easy as it gets to be on the long side here! All imho. Pl. do y'r DD. (Its funny, but true with this baby that most DTs exit on the day when it receives a Strong Buy; hence, today's close will determine the absolute bottom this equity is gonna get in 1999, bar potential July/Aug'99 dip! :-). Look at the intra-day chart; all big-blocks on the buy-side while mini-fries exiting :-)).

regards to all,
-/Sonny.