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Technology Stocks : DoubleClick Inc (DCLK) -- Ignore unavailable to you. Want to Upgrade?


To: LWolf who wrote (1047)3/23/1999 4:36:00 PM
From: BomboochaBoy  Read Replies (1) | Respond to of 2902
 
>> I'm going to guess we'll see more down before we see up... <<

Laura, ugly is the right word to describe today, but that's usually the case when the internuts run crazy this long, huh?

DoubleClick closed at 106 March 11 and promptly opened the next day at 121 following the split announcement, if I recall correctly. In any event, it ran 94 points to 200 in that period of seven trading days. It closed above its trading range after each of those days.

I think DCLK can retrace 50% of its gains and sustain; it may hold up at 153. Maybe.

Today's downer brings DCLK somewhat cloes to its range. I'd be surprised to see it plummet below 153 at this point, especially with the split date looming closer and zero expectations of bad news for the near term.

I think DCLK hovers in the 155-165 range until Friday. If the market is healthier by then, the split players could start crawling back in. Once the split and earnings are past us, DCLK should find a reasonable trading range. My guess? 170-185 (not split-adjusted) until the next series of positive news.

I know. A little much for just $0.02.