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Technology Stocks : UBID - an IPO spinoff of Creative Computers -- Ignore unavailable to you. Want to Upgrade?


To: White Shoes who wrote (445)1/29/1999 10:40:00 AM
From: RetiredNow  Respond to of 581
 
It's not about any press release. It's that today is the end of the lock up period on insider shares, so lot's of stock is being sold by employees and owners of the company so they can cash in their lottery ticket. I bet E-Bay will see $200 within 1 week. Damn problem is that I can't seem to borrow any shares to short. How frustrating!



To: White Shoes who wrote (445)1/29/1999 1:18:00 PM
From: SHGLaw  Read Replies (1) | Respond to of 581
 
Pretty silly thing to say. Stocks go up and down on a daily basis for a variety of reasons unrelated to the long term outlook of a company. There's a great deal of volitility in these stocks for a variety of reasons. Just like one day up big doesn't answer all questions, neither does one day down. Or two or three, for that matter.

If your time frame is the next hour, than look to whatever happened in the last five minutes. If you're looking a little further out, then figure out if the company's gonna survive, thrive or hit a home run. And then give it the time you expect to see if it fulfills the expectations.

uBid is ten times eBay from what I have seen. And time will tell. And someday, you will look at every dip and say, I wish I had seen the opportunity and seized it.

SHG