New Era of Networks (NEON) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : New Era of Networks (NEON)

NEON 2.010

+2.0%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Brian who wrote (663)	7/13/1999 1:24:00 AM
From: ISOMAN	of 1222

Can't really go by that. IT takes into acount the share price over a certain time and with the sudden 50% cut it screws up the TA. Look at the BOLinger bands. IT indicates a sell, but.... IF you look at the BBands alone they scream buy. The reason being, the BBANDS have been between $30 and $38 for some time, where anything above $38 is a SELL and anything BELOW $30 is a buy. Well with it at $16, obviously if BBANDS were the only criteria, then it would be BUY< BUY< BUY. but.... you can't do just that, now can you. BASICALLY NEON finds itself in uncharted waters from the TA side now, because most of the TA data from antime prior to JULY 6th, is kinda useless. This is where the Due Dilligence side kicks in.... Why, oh why buy NEON ..? That is the question... Is the company insolvent, doomed for bankruptcy or CH 11, or delisting? I don't thinks so.... So a delisting or bankruptcy is out. How many shares does it have and what is the current market Cap..? Are they too High at $16 a share? Are they Too low at $16? IS the business NEON is in a flavour of the month, or will it persevere? More later...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next