Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 185.58

+1.8%

Dec 8 3:59 PM EST

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To: Trader J who wrote (8603)	2/10/1999 11:29:00 PM
From: StockHawk	of 56535

Trader J - GNET might be a good buy tomorrow. GNET closed under $90 today. Since it moved into its current trading range at the start of this year it has dipped below $90 four times. Each time it rebounded over $110 within a few days, sometimes within one day. GNET owns a number of web sites including SI (of course) and MetaCrawler and Hypermart. They are growing rapidly (rev up 186% last quarter) and they showed a profit for the quarter (reported 1/20 with a G.P of 76%). The stock is to be split 2:1 on 2/23. Looks like a relatively safe buy to me. I own shares in a long term account and added 250 shares today in my trading account. StockHawk

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