Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: the Chief who wrote (2965)	1/23/1999 4:21:00 PM
From: Wizzer	Respond to of 62348

Greenspan killed the momentum with his comments. He is a market mover, and I believe that he often creates the problem that comments on creating a self-fulfilling prophecy. We will have to see if his comments wear off soon. Again a reminder that Ebay's 120 day lockout period for shares in the float is removed on Monday. This will cause around 17 million (?) more shares to be available to the market. A simple supply and demand theory would lead me to believe that the price of Ebay will go down. It's previous highs was due to the fact that so few shares were available and demand was so great. The spillover effect could be substantial. We'll have to wait and see. BII may hit less than $4 on Monday or next week. Regards, Wisam