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To: Rajiv who wrote (27925)4/28/1999 9:48:00 AM
From: John Freeman  Respond to of 37507
 
I am curious yellow.
What?
later
john



To: Rajiv who wrote (27925)4/28/1999 9:51:00 AM
From: NTT  Respond to of 37507
 
Given the current situation of Nasdaq and the net stocks in general, do you really think this drop is of any significance? I would tend to think that most shorts plan on covering this anywhere between US$11-14. If that's the case, why is it still stuck above US$17? This is the perfection conditions for this to take a freefall, but it's meeting strong buying at those levels. If the market recovers, then it will be very interesting to watch what happens when it reaches its old resistance point. I'm sure this will have incredible volume today as well. If it cant break its new high, then I agree that we may have short-term downside. As it stands, it's holding up pretty good against the the onslaught of shorters.