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Technology Stocks : CNKT - Connect Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Manzanillo who wrote (825)1/22/1999 8:00:00 PM
From: Dragon 1  Read Replies (3) | Respond to of 953
 
To all, it's of great interest to observe the price movement of the stock recently. It's phenomenal that to this day this stock is still above $5 which is a very important psychological level of confidence in the stock. Recently, the stock tanks on the open, but immediately rebounded and sometimes exceeded previous highs. Volume is also strong. Accompanied by some big cap Internet stocks reporting earnings next week and this one reporting the week after, expect increased upward movement and volume. Break-even numbers or possible exceeding ones will push the stock to at least the lower teens in the short run. By the way, early next week shorts will weigh the situation and fuel the frenzy for this stock. It's been a very encouraging week. Any comments appreciated.