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Technology Stocks : OneMain.com (ONEM) -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (189)	4/10/1999 10:58:00 AM
From: Wayners	Read Replies (1) \| Respond to of 614

Hi Susan I agree. See my follow on post. I had the channel drawn and it looked like it was going to turn down at the top of the channel with the selling occurring through INCA and by BTAB and SHWD. It wouldn't drop and it closed nicely above the downtrend line. Looks like a double bottom to me too. The odds were for it to bounce off the downtrendline, but I'm always willing to reverse if I see a move outside the channel. Good observation on climaxes on IPOs. I would call the move to $28 a climax on day 3. I draw the down channel and when prices break steeply and suddenly below the downtrendline connecting recent lows---that's the climax to about twice or slightly more than the twice the width of the channel. So how much are we going to make on ONEM? My guess is somwhere between $50 and $90 by July.