25-Day "Buy" Recommendation Pops Message Board

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Technology Stocks : 25-Day "Buy" Recommendation Pops

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To: Mr_Mojo_Risin who wrote (64)	7/17/1999 2:34:00 AM
From: Srinivasan Balasubramanian	Read Replies (2) of 155

Mojo, NPLS had 4 underwriters for their IPO, only two have initiated coverage (the lead underwriter GS and then DLJ), two more to come (Merryl & Bear Stearns). this is a sleeper now but may wake up anytime. it is just $4 above the IPO price. based on technicals, i would look for a close above 24 or 28 (opening day high). disclaimer : i own shares of NPLS. Srini

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