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To: louis deptula jr who wrote (70391)4/21/1999 2:57:00 PM
From: changedmyname  Read Replies (1) | Respond to of 119973
 
you need to study CNBC plays more. SVRN has way too many people trying to get out from higher levels. If they hadn't been on CNBC today, you might have seen a fractional upside (like an 1/8 or 1/4), but CNBC was the kiss of death. Daytraders got in on it, and when the interview was nothing more than average (and believe me, it was average) they hit it. If they had announced the internet banking today or even yesterday, you might have seen more upside... but that was a week ago, and it was played out. The people like you who didn't see +5 got out when they realized it wasn't going to move.

NITE is a pure internet play, and the interview and teases by CNBC were great.

SVRN isn't pure internet... the opposite of NTBK, etc. SVRN will be in play again when they actually open up the site, which is late 1999 from what I read. Move on.

Regards,
Jason