Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: debra vogt who wrote (49941)	7/12/1999 1:02:00 PM
From: nokomis	Read Replies (1) of 120523

debra - I'm not sure what to expect on NCT, but it has a further 2-3 points to go before CIT merger..frankly, I don't think it will happen. I think (and it's only my opinion) that NCT will either elect to go it alone or be re-courted by a classier partner willing to sweeten the deal. Regardless, this stock has been beaten up badly and has been a popular short play for some time. Management has said they're going to meet (or beat) Q2 estimates and I think they might surprise nicely - I think we might be able to get 7-10 points from NCT over the next few weeks, if the short squeeze happens. JMO. cheers, NOK

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