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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Joe Lyddon who wrote (29107)3/23/1999 9:39:00 PM
From: Tomstocks  Respond to of 120523
 
GBDI ; Global Business Information Directory, Inc. (Internet Search Engine) is coming public wednesday morning and will begin trading at around 2.00! With a float of only around 300,000 this stock could reach 40.00, WCTI opened below this and went upto 36.25. This company has a much better product and I believe the same company (Exodus) that powers Lycos is powering GBDI.



To: Joe Lyddon who wrote (29107)3/23/1999 9:49:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
Ironically, WEBT is actually performing very well. It had a very large run and then a pretty large pullback. When you are in a stock that has such a high price move in such a short period of time you should be suspicious of a sell off. The higher it goes, the more suspicious you should be. What you should have done is take your profit during that short but huge price move. Now its in a very predicatable phase of correction, and possibly that correction might now being near a bottom. Today's 'strength' in WEBT was a confirmation of that newfound stability and probable bottoming. That is why I and some others are so bullish on WEBT, EPAY and a few others. When anyone comes onto this thread or some of the other 'more ebullient' threads you must realize that the stock might be making its third or fourth run in as many days and before catching the expresss, you should check the historical price patterns and the chart to see if you might be getting in on the topping of a strong uptrend. That is what happened with EPAY and BVSN yesterday. Everyone likes BVSN so much that they forget we have been bullish and holding on to BVSN since 37, ABOV since 22 etc, NITE at 35, VRIO at 24, and even before that.