InvestRight - Short Term Trading St Message Board

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.

Strategies & Market Trends : InvestRight - Short Term Trading St

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Brenda L. Greer who wrote (26)	9/6/1998 5:46:00 PM
From: Jeffrey L. Henken	of 939

Brenda one of my friends gave me a hot stock tip for a quick rebound in OMPT. The stock closed near a yearly low on Friday when the following happened: Omnipoint shares slid 7/8 to close at 10 1/4 after CS First Boston cut the telecommunications and wireless service provider (OMPT) to "hold" from "buy." Citing the recent resignation of the company's chief financial officer(see press release), and other disappointments, analysts Cyntihia Motz and Robert Hordon believed the "hold" rating was more appropriate. In related news, the company's weakness was viewed as a "buy" opportunity at BT Alex Brown. Analyst Bo Fifer and Jeffery Hines set a 12-month price target of $32 a share. cbs.marketwatch.com My friend said this is a great company and that the stock should have much more upside than downside risk from this level. Actually I think you know this friend of mine. It's you, Brenda, and you are rarely wrong. I added OMPT to my model portfolio to see how it does. I'm betting really well. Regards, Jeff

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next