NATIONAL RECORD MART (NRMI) Message Board

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Non-Tech : NATIONAL RECORD MART (NRMI)

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To: Ginco who wrote (4)	5/29/1998 11:41:00 PM
From: Linch	of 34

The Line in the Sand has been drawn. I am short because of the recent run-up. In addition, I usually get good ideas from a daytraders type forum. When ever I see them touting a particualar stock, the downturn is usually not far behind. Im not saying it cant go up, but think the downside risk is greater than the upside risk right now. Just 4-5 months ago this was a $3-4 stock so I think its ahead of itself. In addition, there are more down days on mondays than any other day and the market seems to be looking for a reason to sell off. If a sell-off does come there will be a flight to quality and to companies with reliable earnings. Good luck to NRMI, after I cover. Oh, in addition, those financial magazine recommendations always result in an immediate pop but the stock usually gives it all back within days. What I would like to know is if the guy from Equity... has a vested interest and whether they took some profits after the pop. I predict a drop of $2 on Monday.

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