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Technology Stocks : CNET: The Computer Network (NASDAQ:CNET) -- Ignore unavailable to you. Want to Upgrade?


To: Smart Investor who wrote (526)3/8/1999 1:33:00 PM
From: Tom Hua  Respond to of 1133
 
Yes, but it's also dangerous to long EBAY at this level. Shorting EBAY today while going long CNET, IMO, is a pretty safe play. CNET has broken into a new strong uptrend. It can remain overbought for weeks. There may be more upside after the split today. Remember EBAY went on to gain 50% after the split a week ago.

Regards,

Tom