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Strategies & Market Trends : The Rational Analyst

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To: Joe Copia who wrote (365)2/24/1998 4:08:00 PM
From: Scott H. Davis   of 1720
 
[Stock Talk - NETZ response] Three quick problems - Name recognition. I've heard of DoubleClick many times in many contexts (even before IPO talk), but never heard of NETZ before. It's a penny stock, and most institutions won't touch them. Even NASDAQ small cap has amoung it's listing requirements a > $4.00 bid for x days (30?) requirement. Those are some significant hurdles to overcome on the way to $10.00.

Your sceneario calls for a heavy pop after financials released. Noticed it was 3/16ths a few days ago, and year high was about 13/16. Getting & staying past $4.00 is one HUGE pop.

To flesh it out more - when I picked up some TRIBY in my IRA (positive earnings, already on NASDAQ small cap) my broker made sure to point out that he was recording it formally as an "unsolicited trade" due to price and market cap. FYI Scott

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