NOPT: Northeast Optic Network, Inc Message Board

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Technology Stocks : NOPT: Northeast Optic Network, Inc

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To: marginmike who wrote (33)	7/12/1999 8:28:00 PM
From: RobbRacer	Read Replies (1) of 708

At this current time I am not commenting with regard to the fundamentals of the company. What I am higly confidant of is the fact that if this company was a bargin yesterday it is no longer today at a market cap of 500MM. If you look at the chart and were monitoring the daytrader rooms you would be aware that as soon as this news hit the stock ran because of daytraders led by so called "gurus" who were pushing the stock.I knew the stock was running hard by them I just didn't know why. Most of them did not know why either but didn't care. Most investors are not on thier computers the minute news hits and instantly buy the stock. My point is that there is a lot of fresh daytrader money in this stock which is not on permanant vacation. Most of it will be gone by next week. If you or anybody else likes the company no problem. Just wait a week and you will be able to buy2shares and get 1 free. Mark my words I do this all the time, Rob P.S. Statistically over 80% of all stocks that move more than 50% in 1 day give it back within 1 month.

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