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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO. -- Ignore unavailable to you. Want to Upgrade?

To: Rick who wrote (1644)4/22/1999 9:04:00 PM
From: Optmaster  Respond to of 3198
 
Just one question, why is it that every time a net stock beats estimates (even with severe losses), everyone looks for a gap up opening? I mean really, has the froth built up so much that every net stock owner expects to be a millionaire right after earnings? Prob. up on opening before settling back to unch or even down small. Not short or long, just a curious observer.



To: Rick who wrote (1644)4/22/1999 9:15:00 PM
From: M. Frank Greiffenstein  Read Replies (2) | Respond to of 3198
 
Don't bet the ranch..

Rick, the DRIV numbers were kinda tepid, don't you think? Tepid relative to expectations, I mean. Granted, Q1 is the slow season, but its not the explosive growth expected out of Internet companies. It's defnitely not a home run. Maybe a squibber that took a bad bounce over the waiting glove of the shortstop?

I am predicting the opposite, a gap down.

DocStone


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