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Technology Stocks : Allaire -- Ignore unavailable to you. Want to Upgrade?


To: Irish99 who wrote (89)2/6/1999 5:57:00 PM
From: Dave H.  Respond to of 612
 
Irish, If you believe at all in technical indicators this baby could have a down week, based on my read of the stochastics and bollinger bands <but I am no expert>. So I think you may have a chance to buy this stock at a price lower than $53. Long term I think this stock could rock if they sell a lot of product. They remind me of Powersoft in the early 90's, a one product wonder who's stock did great for 3+ years. Does anyone have any quess-timate when ALLR will be profitable? - Dave H.



To: Irish99 who wrote (89)2/7/1999 11:37:00 PM
From: Gary Metzer  Respond to of 612
 
Irish,

Re: Is this a buy at $53 on Monday?

Sorry, but I'm not the right one to ask. The ONLY reason I bought it was because I could get shares at the IPO price. Whether it goes to 40 or up to 80 is anyone's guess as the tech stocks appear "toppy" right now. ALLR is a potential acquisition target also and Mitch Kapor (of Lotus founding fame) is on the board. I plan on selling shortly after my 30 day "no sale" limitation expires and roll the funds into other IPO's. I'm on the list for three more set to price this week.

Thanks for the good info on .cfm. I didn't realize that but DID notice that MANY sites are .cfm.

Good luck.

Gary