NOPT: Northeast Optic Network, Inc Message Board

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Technology Stocks : NOPT: Northeast Optic Network, Inc

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To: cockyg who wrote (159)	7/19/1999 11:13:00 PM
From: Cosmo Daisey	Read Replies (2) of 708

The fair market value is the close today. The fair market value of tomorrow will be decided then. The price of a stock is loosely connected to the company fundimentals, rather it is decided by buyers and sellers. The buyers a week ago were speculators and a window of opportunity opened for 15 minutes and then it closed. Many buyers sold their cheap shares to the next wave of buyers and they are gone. Some people think that charts of what happened yesterday have some fortune telling ability for the future, it doesn't work. The chart that works is the one that jumps off the screen at you and screams BUY or SELL. Take a look at Qualcomm and Conenxtant as examples. Perhaps Infospace, Tellabs and Globalstar. All the stocks are screaming BUY. Look at Wave Systems for a raging sell. Tomorrows price won't be decided by yesterdays price or by what happened to another stock that had a great run, it will be decided by buyers and sellers. Look again at the screaming buy charts with NOPT included and tell me its a sell if you can. Also, read Zen in the Markets by Eddie Toppel cdaiseyPhD@zen-is-now.com

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