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Technology Stocks : AboveNet Communications, Inc. (ABOV) -- Ignore unavailable to you. Want to Upgrade?


To: Colin Cody who wrote (298)4/2/1999 12:51:00 PM
From: BigAppleBoy  Read Replies (1) | Respond to of 835
 
I think it run too fast,too high,just like the other hypes,UBID it run to 189 and it has been trading in 50-70 dollar range since then,for the same reason ABOV it will settle down to 40-60 range in about 10 days.This is a hell of stock to short long term,and if the market has a downturn like I am expecting,ABOV will be one of the first one's to go down to nothing.I have never seen a company loosing over 20 dollars a share,at any price,it is just unbelievable this hype went this far,What a Joke.All this because they split their stock,what stock?I think I will setup my own internet public company so I can make billions too,while I am loosing 20 dollars a share,or I will save my money,so I can buy everybody's homes when they can cover margin calls on these hyped stocks when the market crash.

Shorts will make a killing on this one