Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : USWeb (USWB) -- Ignore unavailable to you. Want to Upgrade?

To: Joe Veres who wrote (798)	4/28/1999 7:25:00 PM
From: John Veltheer	Read Replies (2) \| Respond to of 1188

Joe the technicals on USWB look horrible. Nearly pulled the trigger today at $25 but wanted to see it trade avobe $25 1/2 first which it just couldn't do. Part of the problem is USWB is now making money. When EGRP made money the stock was $20 when they went on a spending spree the stock went up 1000%. To some degree it is reality time for USWB and the market prefers hyperbole right now. In a downturn USWB should be protected to fall no lower than $15 but technically who knows - the chart shows little support anywhere. Comments? JEV