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Time Warner Inc. Message Board

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  • stockman222222 stockman222222 Jan 17, 1998 12:17 PM Flag

    Imall is shopping on the web! www.imall.

    the stock has had great momemtum until now. If you watch the volume, it has fallin off, a classic sign that the stock has
    peaked. With a flat rate fee for service, high p/e, fierce competition and negitive earnings, i expect the stock to fall back to the
    70 level. This of course would be the best scenario. I am also very realistic when it comes to momemtum stocks and believe
    buyers will start to show up at the mid 80 level. Don't forget that this stock is 70% owned by institutions and they never hesitate
    to sell at a peak or on bad news. This is what i am relly banking on..

72.995+1.305(+1.82%)1:40 PMEDT