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Strategies & Market Trends : Rande Is . . . HOME

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To: KevinThompson who wrote (11592)	9/3/1999 10:08:00 AM
From: Rande Is	Read Replies (3) of 57584

Yes and no. . .IATR is definitely in-play between longs and shorts. . .but there is little that I expect that will make it move that much. . .the news that was promised for this week is about a "private" placement. I don't like private placements, unless they are with public companies. <g> The chances are good that this placement is a convertible deal. . maybe even offshore debentures. . . the news might see a quick spike when it comes out [if it already hasn't] . . but after everyone has time to give it a closer inspection, I don't expect it to be much of a positive for the stock price. Today was tough on short-sellers. . .and a windfall for those still with IATR shares. . but I think it will go lower today as size of trades on ask dwarf the trade size on bid. . .but this gives us another chance at jumping in lower. TA alerts would be good to place on here. There are too many factors in the prediction that are hard to call. .so my confidence level is not high. . . but I am staying out, until the picture is clearer. . . and the price is considerably lower. Rande Is

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