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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV -- Ignore unavailable to you. Want to Upgrade?


To: art slott who wrote (413)2/28/1999 12:37:00 PM
From: Ron Harvey  Read Replies (1) | Respond to of 13157
 
<<I predict we will have the biggest gain again on Monday. >>

Ah ha! So you're capitalizing on the credibility gained from your Thursday prediction of 10 on Friday.

In any case, all holders should be prepared for volatility if price movement gets spiky. A short-term, high-percentage up-move typically needs a consolidation period to flush out profit-takers before the next run. Otherwise (absent strong news or very high volume) a stock is vulnerable to sudden downdrafts. When these downdrafts occur, there'll be frightened newbies who'll groan their handwringing lamentations with the discovery that stock prices actually fluctuate, but intermediate and longer-term holders will take comfort that the unfolding interactivity story has a lot more helium remaining to float IATV smartly higher regardless of blustery ups and downs from short-term trading action. (The interesting tale to be told this week, I think, may relate more to volume than to price.)