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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (8844)	7/5/1999 12:01:00 AM
From: Jerry S.	Read Replies (1) of 57584

Rande, I like your assessment of MMPT this past week. I had position traded MMPT back in March for a decent gain (would've been better if I'd held longer). I do think I will revisit this one again as I also think that something potentially is happening. And yes, that nice little float can work wonders - in May the stock shot over 6 pts intra-day on "only" a Bear Stearn analyst favorable comment in Business Week (they've got a $45 price target) Your "got a better offer from T's competition" scenario could be the jump start needed, after all they did say they still felt comfortable with annual estimates. I will watch it for any signs of positive activity and get in although I may probably start a small spec position on Monday. Thanks for the heads up, as I just started back reading this thread more frequently and look forward to more insightful commentary from all the thread regulars (oh why did I wander these last few months? looks like I missed some good calls as I now look back)

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