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Technology Stocks : EFAX.com - easy-to-use fax-to-email technology -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (498)3/16/1999 3:49:00 PM
From: Retired@35  Read Replies (1) | Respond to of 1197
 
Great Post...

I'm out at 28.5 (Long) 6K in two days....

Smiles



To: Tom Hua who wrote (498)3/16/1999 3:51:00 PM
From: Ms. X  Respond to of 1197
 
Different market last Fall.
Market makes a difference.

Around October and November things had sold off and the rally was just beginning. Our indicators went from an extremely low level, reversed positive and then took off. At that time stocks weren't swimming up stream they were cruisin' with the tide.
Right now, it is the opposite.

That isn't to say EFAX can't eventually do what KTEL did, but let's put it in the same market scenario first. My guess, after the market corrects somewhat and EFAX continues its popularity.

But if it goes up and up an up and everyone long makes tons and tons of money I'll cheer you on! Nothing against those short (I'll cheer you too if it goes down)
I just don't think the market can support the move right now.

Boy, am I opinionated today...!

I'll go back to the PnF thread now. Terribly sorry...



To: Tom Hua who wrote (498)3/16/1999 4:00:00 PM
From: rogermci®  Read Replies (1) | Respond to of 1197
 
Tom...Stopped out @ 27 3/4...Now it's your turn to make money short. Got a little too greedy.

roger



To: Tom Hua who wrote (498)3/16/1999 4:31:00 PM
From: Alec Epting  Read Replies (1) | Respond to of 1197
 
Tom, KTEL surged because it had a thin float and brand name recognition. EFAX has neither. I expect it to fall back to 14, maybe 10 within a month once everybody realizes its a dead end technology that will require huge up-front costs (to install phone lines) for questionable quality of service. I'm short at 30, 19, and 12 (ugh).