Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VEEV 295.26

+0.6%

Nov 5 3:59 PM EST

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To: Stock Watcher who wrote (13356)	8/12/1999 9:57:00 AM
From: Trade4$	Read Replies (1) of 52051

HOOV at 9.5 is a compressed spring ready to release. It IPO'd 7/21 so it is in it's last couple of days of "quiet period". It reached a high above 30 on IPO day when the NASDAQ was at 2875. Booth have fallen steady since then. HOOV has been a mirror image of the NASDAQ every day since then (big deal- so have many others). But now that the index has bounced from a low almost as low as end of May/early June, I am thinking good rally coming. As I write this, HOOV should be above 10 to keep up with NASDAQ- plus it is only 2 days before analyst ratings, news releases etc. I see end of quiet period run-up amplified by NASDAQ rebound. Hoovers is a strong business model too but that is a different subject. Trade4$

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