Forum Archive Index - February 2000
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[sharechat] Savoy doomed to slide?
Hugh,
The entire "Savoy enters into e-commerce" thing has probably been the con job
of the month - and the only people who have benefited have been the day traders
who have assisted in hyping up the shares and bailing out the next. The price
of the stock started sliding a day after the e-commerce notice was
posted....and how often do you see that with tech stocks? You would at least
expect them to stay up for a while. We will continue to see investors ditching
their Savoy investments over the next couple of days for more lucrative capital
gain elsewhere.
Terry
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